WASH Multifamily Laundry Systems, North America’s leading laundry facilities management service company, announced today that Miles Oh has been appointed vice president of mergers & acquisitions and business development. In this role, Oh will lead WASH’s continued growth efforts through strategic mergers and acquisition activity and expansion into both new and existing markets.
“Mergers and acquisitions have become an important part of our DNA as we continue on an accelerated growth trajectory,” comments Adam Coffey, president and CEO at WASH. “I’m excited to have a new executive team member with such outstanding qualifications to lead our endeavors in growing the company.”
Oh brings an extensive background in corporate finance and investment banking to his new position. Previously, he served in various corporate development and finance roles at Sabre Corp., a leading global technology company based in Texas, where he executed numerous M&A and strategic transactions. Prior to that, he advised clients on over $2 billion of raised capital and M&A transactions in global technology investment banking group of Citigroup in New York, N.Y. He holds an MBA from Cornell University and a BBA from University of Michigan.
“I’m excited to be joining WASH in this new role to guide strategic growth opportunities and initiatives,” comments Oh. “This is an amazing opportunity for me both professionally and personally, and I’m looking forward to contributing my skills and experience to achieve future milestones for the company.”
WASH is a leader in technology-advanced, eco-friendly laundry room operations. Its “best-in-class” facilities management services can be found at apartment properties, condos, college and university residence halls, military bases and other multi-housing locations. More than 7 million people do their weekly laundry at a WASH facility. WASH is a privately held company founded in 1947 and based in El Segundo, Calif. and operating in 20 U.S. states and all Canadian provinces. Through its subsidiary Coinamatic Canada, WASH also has a commercial laundry distributorship and ParkSmart, a division that manages parking facilities. For more information, please visit www.washlaundry.com or call 800-421-6897, ext. 1600.