ASSET PURCHASE AGREEMENT by and among ENVIROSTAR, INC. and MARTIN-RAY LAUNDRY SYSTEMS, INC. on the one hand, and WILLIAM MANN, JIM HOHNSTEIN AND TIMM MULLEN and MARTIN-RAY LAUNDRY SYSTEMS, INC. on the other hand Dated as of June 2, 2017Asset Purchase Agreement • September 28th, 2017 • EnviroStar, Inc. • Services-personal services • Delaware
This ASSET PURCHASE AGREEMENT, dated as of June 2, 2017 (this “Agreement”), by and among EnviroStar, Inc., a Delaware corporation (the “Parent”), Martin-Ray Laundry Systems, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (the “Buyer”), on the one hand, and William Mann, Jim Hohnstein and Timm Mullen (collectively, the “Stockholders”) and Martin-Ray Laundry Systems, Inc., a Colorado corporation (the “Company”), on the other hand. The Stockholders and the Company are sometimes collectively referred to as the “Seller Group.”
