Mac-Gray
Cleaning Services · Massachusetts, United States · 51-200 Employees
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Overview
Headquarters
404 Wyman St Ste 400, Waltham, Massachus...Phone Number
(781) 487-7600Website
www.macgray.comRevenue
$42.7 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
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About Mac-Gray
Founded in 1927, Mac-Gray derives its revenue principally through the contracting of debit-card- and coin operated laundry facilities in multi-unit housing facilities such as apartment buildings, college and university residence halls, condominiums and public housing complexes. Mac-Gray manages laundry rooms in 44 states and the District of Columbia. Mac-Gray also sells and services commercial laundry equipment to retail laundromats and other customers through its product sales division.Explore more
Mac-Gray Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
Mac-Gray
$42.7M
51-200
Private
$44M
1927
MS
Michael SheaExecutive Vice President & Chief Financial Officer
Company Profile Activity
Activity Insights
Mac-Gray is experiencing very low activity levels compared to other companies in the Consumer Services sector.
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Mac-Gray is drawing exceptional interest within the Consumer Services industry, suggesting notable developments or strong market momentum, learn more about Mac-Gray.
Mac-Gray financials insights
Gather financial insights about Mac-Gray, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
1997
Stock Offering
$44M
Mac-Gray Tech Stack
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Mac-Gray News & Media
Mac-Gray Corporation Announces Expiration of Hart-Scott-Rodino Waiting Period in Connection with Proposed Merger with Subsidiary of CSC ServiceWorks, Inc.
WALTHAM, Mass., Dec. 2, 2013 /PRNewswire/ -- Mac-Gray Corporation (NYSE: TUC) ("Mac-Gray") today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR"), with respect to the previously announced merger of Mac-Gray and a wholly owned subsidiary of CSC ServiceWorks, Inc. ("CSC"). The HSR waiting period expired at 11:59 p.m. Eastern Time on November 27, 2013. Expiration of the HSR waiting period is a condition to theMac-Gray Announces Third-Quarter Financial Results
WALTHAM, Mass., Oct. 31, 2013 /PRNewswire/ -- Mac-Gray Corporation (NYSE: TUC), the nation's premier provider of laundry facilities management services to multi-family housing, today announced its financial results for the quarter ended September 30, 2013. Mac-Gray reported that third quarter of 2013 revenue increased to $79.5 million, compared with $77.9 million in the third quarter of 2012. Net income for the third quarter of 2013 was $1.5 million, or $0.09 per diluted share, compared with neMac-Gray Third-Quarter 2013 Financial Results to be Released on Thursday, October 31st
WALTHAM, Mass., Oct. 29, 2013 /PRNewswire/ -- Mac-Gray Corporation (NYSE: TUC), the nation's premier provider of laundry facilities management services to multi-family housing, today announced that it plans to release its third-quarter 2013 financial results on Thursday, October 31, 2013 at approximately 8:00 a.m. ET. In light of the previously announced definitive agreement and plan of merger that provides for the merger of Mac-Gray with CSC Fenway, Inc., a wholly-owned subsidiary of Spin HoldCSC ServiceWorks to Acquire Mac-Gray for $524 Million
PLAINVIEW, N.Y. and WALTHAM, Mass., Oct. 15, 2013 /PRNewswire/ -- CSC ServiceWorks, Inc. ("CSC") and Mac-Gray Corporation (NYSE: TUC) ("Mac-Gray" or the "Company") today announced that they have entered into a definitive agreement and plan of merger that provides for the merger of Mac-Gray with CSC Fenway, Inc., a wholly-owned subsidiary of Spin Holdco Inc., which is a wholly-owned subsidiary of CSC. Pursuant to the transaction, CSC will acquire all of the outstanding common stock of
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Founded in 1927, Mac-Gray derives its revenue principally through the contracting of debit-card- and coin operated laundry facilities in multi-unit housing facilities such as apartment buildings, college and university residence halls, condominiums and public housing complexes. Mac-Gray manages laundry rooms in 44 states and the District of Columbi... Read More
