Simpson Thacher Advises Angeles Equity Partners on Sale of Xanitos to Bessemer Investors

"Simpson Thacher advised Angeles Equity Partners on the sale of its portfolio company Xanitos, Inc to Bessemer Investors, LLC. Financial terms were not disclosed. Xanitos, founded in 2008, provides hospital housekeeping, patient transport and linen services and operates the patented XRO® System. Angeles Equity Partners acquired Xanitos in 2021."

Simpson Thacher represented Angeles Equity Partners in the sale of its portfolio company Xanitos, Inc to Bessemer Investors, LLC. The transaction involved the sale of Xanitos, a provider of hospital housekeeping, patient transport and linen services to hospitals and other acute care settings nationwide. Financial terms of the transaction were not disclosed. Founded in 2008, Xanitos operates the patented XRO® System, which removes dirt, dust and pathogens from hospital environments to create a cleaner and safer facility. Angeles Equity Partners had acquired Xanitos in 2021. Simpson Thacher represented Angeles Equity Partners with a team composed by: Gregory Klein (M&A), Kevin Tsai (M&A), Julian Alsarhn (M&A), Stephen Abrahms (M&A); Sophie Staples (Tax), Russell Light (Tax), Andrew Wasilick (Tax); Harry N. Hudesman (ECEB), Nicolas Deguines (ECEB); Ron Ben-Yehuda (IP); Alexander Franchilli (Data Privacy); and Young Bin "Peter" Bang (Acquisition Finance), Andrew Won (Acquisition Finance), Ryan Lin (Acquisition Finance).

Simpson Thacher Advises Angeles Equity Partners on Sale of Xanitos to Bessemer Investors

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