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Transactions / A•••• S•••••• C••••••

S•••• C••• Acquires A•••• - S•••• C•••

Add-on acquisitionclosedadd-onannounced Jun 29, 2018closed Jun 29, 2018Fact
What happened
Platform
S•••• C•••add-on basis: Along with the recent acquisition of REMCO, S•••• C••• has increased its sales and technician workforce by nearly 15% merely eight months after being sold by Ecolab to a leading Boston based private equity firm.
Control
Control
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
4 named
Buy side
  • S•••• C•••Platformconfirmed
    Along with the recent acquisition of REMCO, S•••• C••• has increased its sales and technician workforce by nearly 15% merely eight months after being sold by Ecolab to a leading Boston based private equity firm.
  • S•••• C••• Equipment Solutions is held by W••• P•••• P••••••• (holding evidence http://www.wppartners.com/companies/)
Sell side
  • “After 70 years as a family owned and operated business, I am excited about this opportunity for A••••, and I am confident that this new partnership will enhance growth opportunities for both companies” says G•••• S••••••, owner and president of the A•••• S•••••• C••••••.
Side not stated
Evidence
St. Paul, Minnesota-based S•••• C•••® Equipment Solutions, the largest independent provider of kitchen equipment repair and maintenance to the commercial foodservice industry, announces today its second strategic acquisition in the past 30 days.