In August 2015, Harvey & Company initiated a partnership between rental industry veteran and a Midwest-based private equity firm to pursue a new platform investment in the rental industry. Three months later we made an investment into La Tavola Fine Linen Rental, a leading provider of ultra-specialty linen in the United States, recapitalizing the company to support continued growth.
Herb and Betsy Stone founded La Tavola Fine Linen Rental in 2007 as a boutique linen rental provider. La Tavola’s mission to dependably and creatively serve clients throughout key locations in California filled a niche in the marketplace for well-designed, high-end linen rentals with unparalleled service. Today, La Tavola is known as the established standard and one of the most respected premium linen rental companies in the United States, touting the widest breadth of ultra-specialty products. The Company has eight showrooms in California including Beverly Hills, Healdsburg, Napa, Newport Beach, Sacramento, San Francisco, Santa Barbara, and Los Gatos, as well as showrooms in Scottsdale, Arizona and Dallas, Texas. Additionally, La Tavola offers an on-time delivery service for clients nationwide.
Jeff and the team now plan to aggressively grow La Tavola through a combination of expanding geographies via greenfields and select acquisitions, enhancing the Company’s capital efficiency, and by launching complimentary product offerings, solidifying La Tavola’s position as the national leader in fine linen rental services.