EQT has agreed to acquire WASH Multifamily Laundry Systems from CHS Capital. Founded in 1947 and operating in 16 U.S. states and all Canadian provinces, WASH is a provider of route-based laundry services to multifamily apartments and universities. The company installs, owns and maintains laundry machines on behalf of property owners. EQT will acquire the company via its EQT Infrastructure II vehicle, which closed in early 2013 with over $2.5 billion in commitments. Morgan Stanley, Goldman Sachs and Natixis will provide debt financing for the transaction, which is expected to close in 2Q and could reportedly value the company at over $900 million.