Arctaris Impact Investors Completes Additional Growth Equity Investment in Up To Date Laundry, Sustaining Quality Jobs in Baltimore
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Tuesday, September 27, 2022
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Arctaris Impact Investors, LLC (Arctaris) is pleased to announce a follow-on growth equity investment in Up To Date Laundry (UTD).
Key Points:
- Arctaris Impact Investors, LLC (Arctaris) is pleased to announce a follow-on growth equity investment in Up To Date Laundry (UTD).
- In March 2021, Arctaris made an initial investment in UTD to aid the companys continued growth and expansion.
- The almost $14 million Arctaris investment in UTD is the cornerstone of the $25 million Arctaris Phase I Baltimore Program.
- Arctaris Impact Investors, LLC is a Boston-based impact investment firm with experience spanning more than 13 years over seven funds.