ByNext acquires WashBox to speed up enlargement into the Los Angeles market

United Kingdom

ByNext, the leading technology-based household services company providing eco-friendly laundry, dry cleaning and household cleaning, announced today that it has acquired WashBox, a Los Angeles-based laundry and dry cleaning company.

The WashBox acquisition will accelerate ByNext's expansion into a new market and consolidate its position as the national leader in home services.

"We are executing our omni-channel, omni-service business model for rapid expansion into a single source clothing and premises cleaning company for homes and small businesses. To achieve our goal, we plan, both organically and Growing through Acquisitions. The acquisition of WashBox and its integration with our powerful technology platform accelerates a strategic move to the West Coast and the opportunity to scale, "said Kam Saifi, CEO of ByNext. "WashBox is vertically integrated into lockers in over 500 buildings. This gives ByNext a quick entry into the LA and Southern California markets. Additionally, we are pleased that Shay Kalmanovich, the current CEO of WashBox, is joining the ByNext team. Shay is bringing Shay." a wealth of experience with and will guide our West Coast growth efforts. "

Soon, WashBox customers will be able to use the intuitive ByNext app to track their laundry and cleaning jobs as they are brought in for cleaning and receive real-time notification when they are ready to be picked up.

“In order to deliver our high quality, environmentally friendly services, we needed a platform behind us to grow and contribute to our goals. ByNext not only has the technology to get us there, but also the proven track record and that Management's business model We are delighted that our users in Los Angeles and the surrounding metropolitan areas will experience this much-needed added value in their market, especially in the New York metropolitan area market, where they dominate everyday life. " said Kalmanovich.

Kalmanovich will serve as VP and General Manager of West Coast at ByNext, with an initial focus on growth in Los Angeles and Orange Counties. ByNext plans to leverage WashBox's expertise in the collection and delivery of lockers and roll out the model into existing and future service areas to expand reach across multiple channels. The setup offers customers more convenient options to use their services and increase route efficiency.

"Since our partnership began in 2016, WashBox has offered our residents free pick-up and delivery of a wide range of services, including dry cleaning, laundered shirts, and laundry to be washed and folded, made easier by the unique locker system. This contactless solution was during of the Covid-19 outbreak as cleaning services are more important now than ever.

“With the ByNext technology platform and its know-how, WashBox can scale its operations both in lockers and in online pick-up and delivery services. I am confident that combining both of these features as the LA pandemic recovery begins and when we get back to our routines is a key factor in having a go-to service provider like ByNext in our homes, " said Thomas Vriens of GHP Management Corporation.

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