COINMACH CORP
424B3, 1998-01-26
BUSINESS SERVICES, NEC
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<PAGE>                                                      
                                                     RULE NO. 424(b)(3)
                                                     REGISTRATION NO. 333-41623
                                                                       
  SUPPLEMENT DATED JANUARY 22, 1998 TO THE PROSPECTUS DATED DECEMBER 19, 1997
    CONTAINED IN COINMACH CORPORATION'S REGISTRATION STATEMENT ON FORM S-4,
                          REGISTRATION NO. 333-41623
 
                             COINMACH CORPORATION
 
                               OFFER TO EXCHANGE
 
11 3/4% SERIES D SENIOR NOTES DUE 2005 FOR ANY AND ALL OF ITS 11 3/4% SERIES C
     SENIOR NOTES DUE 2005 AND ITS SERIES B 11 3/4% SENIOR NOTES DUE 2005
 
                  ------------------------------------------
 
     Set forth below is certain additional information about Coinmach
Corporation (the "Company") that supplements and amends the Company's Prospectus
dated December 19, 1997 (the "Prospectus"). This information should be read in
conjunction with the Prospectus. Capitalized terms used but not defined herein
shall have the respective meanings ascribed to them in the Prospectus.
 
     The Company intends to extend the Expiration Date of the Exchange Offer
until 5:00 p.m. New York City time on February 6, 1998 in order to permit
holders of Series B Notes and Private Notes to review information contained in
this Supplement.
 
     THE FOLLOWING INFORMATION SHOULD BE ADDED TO THE "BUSINESS" SECTION OF THE
PROSPECTUS, WHICH BEGINS ON PAGE 55 THEREOF.
 
RECENT DEVELOPMENTS
 
     On January 19, 1998, Coinmach Laundry signed definitive agreements to
acquire Macke Laundry Service, L.P. and related entities ("Macke") for a
purchase price of approximately $214.0 million. Macke, headquartered in Chicago,
operates approximately 236,000 machines throughout the United States. For the
fiscal year ended June 30, 1997, Macke had revenues of approximately $122.0
million and EBITDA of approximately $39.0 million, on a pro forma basis taking
into account certain of Macke's acquisitions. Consummation of the Macke
acquisition, which is currently expected to occur in March of 1998, is subject
to the receipt of certain regulatory and other approvals. Accordingly, there can
be no assurance that Coinmach Laundry will consummate the Macke acquisition.
Coinmach Laundry intends to finance the Macke acquisition with cash and
borrowings, including borrowings of up to an additional $200 million in term
loans under the Credit Facility, through an expansion of the Credit Facility,
which is currently being negotiated. Such term loans are expected to mature on
June 30, 2005, to be subject to the same mandatory repayment terms as those
applicable to the Company's current term loan facility and to bear interest at
the rate per annum currently set forth in the Credit Facility. There can,
however, be no assurance that Coinmach Laundry will be able to obtain such
financing.
 
     THE FOLLOWING INFORMATION AMENDS THE INFORMATION SET FORTH UNDER THE
CAPTION "CONTROL BY PRINCIPAL STOCKHOLDER" ON PAGE 17 OF THE PROSPECTUS.
 
     Giving effect to the completion on December 19, 1997 of the offering and
sale by Coinmach Laundry Corporation of 2,665,000 shares of Coinmach Laundry
Common Stock, Golder, Thoma, Cressey, Rauner Fund IV, LP ("GTCR") owns
approximately 23.7% of the outstanding shares of Coinmach Laundry Common Stock
(before giving effect to shares of Coinmach Laundry Common Stock issuable upon
the exercise of options (none of which are held by GTCR) which are currently
vested and exercisable).



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