Laundryheap acquires France’s Wast as it expands continental presence

Laundryheap, the on-demand laundry and drycleaning platform, has announced that it has acquired French competitor Wast, which operates across Paris.

The deal, the details of which remain undisclosed, follows a steady expansion of Laundryheap’s market footprint since it was founded in 2014 and is the latest in a string of global acquisitions.

In 2022, Laundryheap saw growth of 130 per cent. With the acquisition of Wast, which offers on-demand services across Paris, Laundryheap expands its operations to a total of 11 international markets, including the UK, US, Singapore, the UAE, and now France.

In the last 14 months, Laundryheap has also acquired UK competitor Laundrapp and taken over the consumer operations of fellow UK provider Oxwash.

This latest acquisition will expand Laundryheap’s reach to Paris, where Wast has been operating since 2017. All seven members of the Wast team will remain in their roles and the Wast brand will be replaced by the Laundryheap brand in the coming weeks.

Laundryheap also plans to expand the current Paris-based operations: forging new B2B partnerships, including a new service specifically designed for Airbnb hosts; expanding the geographic reach of services; introducing new services such as repairs and carpet cleaning; and capitalising on the upcoming Olympic Games, which will be hosted in the capital.

Deyan Dimitrov, CEO and founder of Laundryheap, comments: “We are thrilled to be launching in our 11th international market following the acquisition of Wast. The Wast team has built a solid business and generated strong customer buy-in across Paris for on-demand laundry and drycleaning. Laundryheap is excited to take this to the next level, growing our French consumer footprint and partnering with businesses across the region.”

Laundryheap has raised £10m in funding to date, from both VCs and Angel investors. The business employs a team of 130 people.

Laundryheap, the on-demand laundry and drycleaning platform, has announced that it has acquired French competitor Wast, which operates across Paris.

The deal, the details of which remain undisclosed, follows a steady expansion of Laundryheap’s market footprint since it was founded in 2014 and is the latest in a string of global acquisitions.

In 2022, Laundryheap saw growth of 130 per cent. With the acquisition of Wast, which offers on-demand services across Paris, Laundryheap expands its operations to a total of 11 international markets, including the UK, US, Singapore, the UAE, and now France.

In the last 14 months, Laundryheap has also acquired UK competitor Laundrapp and taken over the consumer operations of fellow UK provider Oxwash.

This latest acquisition will expand Laundryheap’s reach to Paris, where Wast has been operating since 2017. All seven members of the Wast team will remain in their roles and the Wast brand will be replaced by the Laundryheap brand in the coming weeks.

Laundryheap also plans to expand the current Paris-based operations: forging new B2B partnerships, including a new service specifically designed for Airbnb hosts; expanding the geographic reach of services; introducing new services such as repairs and carpet cleaning; and capitalising on the upcoming Olympic Games, which will be hosted in the capital.

Deyan Dimitrov, CEO and founder of Laundryheap, comments: “We are thrilled to be launching in our 11th international market following the acquisition of Wast. The Wast team has built a solid business and generated strong customer buy-in across Paris for on-demand laundry and drycleaning. Laundryheap is excited to take this to the next level, growing our French consumer footprint and partnering with businesses across the region.”

Laundryheap has raised £10m in funding to date, from both VCs and Angel investors. The business employs a team of 130 people.

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