S5 Equity Acquires Howard's Appliances

1847 Holdings Acquires Asien's Appliance

June 8, 2020

Retail

1847 Holdings LLC completed the acquisition of Asien's Appliance, a long-running Bay Area appliance retailer based in Santa Rosa, California. The purchase adds a retail and service-focused appliance business to 1847 Holdings' portfolio as the company looks to grow market share and expand its operating subsidiaries.

S5 Equity Acquires Heartland America

March 27, 2025

E-Commerce

S5 Equity, a Southern California private investment firm, has acquired Heartland America, a discount catalog and online direct-to-consumer retailer based in Chaska, Minnesota. The deal is a strategic bolt-on to S5 Equity’s portfolio company Hammacher Schlemmer to capture synergies across distribution, marketing and sales; financial terms were not disclosed.

S5 Equity Acquires Heartland America, Owner of Hammacher Schlemmer

September 5, 2024

Retail

S5 Equity has acquired Heartland America — the owner/operator of the long-running catalog retailer Hammacher Schlemmer — with financing support from Gordon Brothers, which provided a revolving credit facility to back the deal. S5 plans to strengthen customer experience and loyalty while continuing to shift the legacy catalog business toward e-commerce.

Smart Care Equipment Solutions Acquires Superior Service

January 4, 2022

HVAC & Mechanical

Smart Care Equipment Solutions has acquired Superior Service, a Anaheim-based commercial kitchen refrigeration and equipment service provider. The deal is Smart Care's fifteenth acquisition and expands its coverage across California and the western United States.

Providence Equity Partners Acquires Majority Stake in 365 Retail Markets

December 24, 2020

Cloud & SaaS

Providence Equity Partners has made a majority investment in 365 Retail Markets, a Troy, Michigan-based provider of self-service commerce technology for the foodservice industry. Providence will partner with existing investor McCarthy Capital and the company's management team to support product development, customer services, and accelerated growth while CEO Joe Hessling remains a significant shareholder.

Parts Town Acquires Dayton Appliance Parts

April 22, 2021

Logistics & Distribution

Parts Town, the global leader in foodservice equipment parts distribution, has acquired the assets of Dayton Appliance Parts Co., a family-owned Midwest distributor of residential appliance OEM parts. The acquisition brings Dayton’s 12 locations and experienced team into the Parts Town family, with Tim and Bub Houtz remaining in leadership roles to support growth and customer experience expansion in the residential appliance parts market.