Setomatic Systems, Inc., the company behind the SpyderWash payment platform and a longstanding leader in laundry payment technology, today announced a strategic partnership with 365 Retail Markets.

Through the acquisition of Setomatic Systems, Inc. and the Schantz family’s continued investment in the business, the partnership brings together decades of laundry industry expertise with the technology, resources, and product portfolio of 365.

Setomatic-SpyderWash will continue operating under its established name and brand, with Gregg Schantz remaining President and Michael Schantz continuing to play an active role in the business. Customers and distributors can expect the same leadership, relationships, and support they’ve trusted for nearly six decades.

Expanding Opportunities for Laundry Owners and Operators

Laundromat customers spend significant time on-site with every visit, creating a natural opportunity for owners to generate revenue beyond wash and dry. Alongside continued investment in SpyderWash’s payment systems and software, the partnership gives owners and operators access to 365 Retail Markets’ broader portfolio of technologies designed to help them turn that dwell time into new revenue.

Strengthening Distributor Partnerships

Setomatic-SpyderWash’s distributor relationships will remain a cornerstone of the business, and with access to 365’s expanded portfolio and resources, distributor partners will have new opportunities to offer innovative solutions and grow their businesses.

Gregg Schantz, President of Setomatic Systems, Inc., commented: “We are incredibly excited about this next chapter for Setomatic-SpyderWash. Our family has spent generations building this business and developing relationships with laundry owners, route operators, and distributors across the industry. What makes this partnership so exciting is the opportunity to build on everything we’ve created while bringing even more value to our customers.

With the resources, technology, and expanded product portfolio of 365, we see tremendous opportunities to not only accelerate innovation and enhance our existing SpyderWash solutions, but also introduce entirely new products and services that can help laundromat owners unlock additional revenue streams, maximize profitability, and get even more value out of their businesses. From advanced payment technology to smart coolers and other unattended retail solutions, our goal is to help laundry owners operate more efficiently while creating new opportunities for growth. Most importantly, our customers and distributors can be confident that the same people, relationships, and commitment to service they’ve always known will remain in place.”

Joe Hessling, Founder & CEO of 365 Retail Markets, commented: “As a founder, I know what it takes to build a company: the long hours, the hard decisions, and the trust you earn one customer at a time. The Schantz family has done that across generations, and it shows in the loyalty Setomatic-SpyderWash has earned throughout the laundry industry. We’re pleased they’ve chosen 365 to help build on that success. Our role is to add to what they’ve created, not change it, by putting our technology and resources behind a team that already knows this industry better than anyone.

Partnering with the Schantz family is a special honor.  Building a multi-generational business is an extraordinary accomplishment, building one that is such high quality and admired by its customers and peers is just short of impossible.  The 365-Setomatic SpyderWash partnership will help drive growth of this business and expand on our current relationship of payments only to include many of our products that will help enhance the modern laundry center experience.  We are thrilled to get to work alongside Gregg Schantz, President of Setomatic-SpyderWash, and Michael Schantz to continue the customer focused value they are known for.”

Jeff Dumbrell, CRO of 365 Retail Markets, commented: “Every laundromat already has an audience that’s on-site and waiting, and that time is a real opportunity for owners. Smart stores, advertising screens, and on-site entertainment like small arcade setups can turn it into new revenue while giving customers a better experience. SpyderWash has spent decades earning the trust of laundry owners and distributors, and we’re excited to work alongside them to bring these opportunities to the industry.”

Looking Ahead

With continuity of leadership, a shared commitment to innovation, and an expanded portfolio of products and services, Setomatic -SpyderWash and 365 Retail Markets are positioned to deliver even greater value to help laundry businesses thrive for years to come.