Easy Ice, a portfolio company of Freeman Spogli, has acquired Icesurance, the leasing division of Arctic Glacier, a portfolio company of the Carlyle Group. Easy Ice is a national provider of ice machines using a subscription model. The company’s commercial ice machine subscription programs include installation, cleaning, preventive maintenance, repairs, backup ice and peak demand […]
Archives for March 15, 2022
Audax Sells Smart Care to Wind Point
Audax Private Equity has sold Smart Care Equipment Solutions, a provider of commercial kitchen equipment maintenance services, to Zone Climate Services, a portfolio company of Wind Point Partners. St. Paul, Minnesota-headquartered Smart Care provides commercial kitchen repair, maintenance services, and replacement parts to companies that are active in the commercial foodservice industry. The company, led […]
Argosy Buys Laser Maker
Argosy Private Equity has acquired Preco, a Kansas-based maker of die-cutting and laser cutting equipment. In addition to laser cutting equipment, Preco manufacturers rotary die cutters and provides contract manufacturing services including laser cutting, perforating, welding, heat-treating and die-cutting. The company’s customers are active in a range of end markets, including industrials, abrasives, packaging, defense, […]
Greenbriar’s DART Aerospace Sold to TransDigm
Publicly traded TransDigm Group has agreed to acquire DART Aerospace, a portfolio company of Greenbriar Equity Group, for approximately $360 million in cash. DART designs and manufactures components for helicopters including flotation systems, landing gears, interior and exterior accessories, load expanders, cable cutters, and filters. The company also provides related repair and overhaul services for […]