SNH Capital Partners Makes Strategic Investment in Arctic Fisheries

Kinzie Capital Partners Acquires Arctic Industries

February 20, 2024

Manufacturing

Kinzie Capital Partners, a Chicago-based private equity firm, has acquired Arctic Industries, a national manufacturer and distributor of walk-in coolers, freezers and the CoolBot refrigeration controller. The transaction (completed in partnership with Arctic management) will support Arctic's nationwide expansion by leveraging its bi-coastal manufacturing footprint and product portfolio across foodservice, healthcare and industrial end markets. Brown Gibbons Lang served as financial advisor to selling owner Stoic Holdings; terms were not disclosed.

A&M Capital Partners Acquires Majority Interest in The Arcticom Group

January 24, 2022

Industrial Services

A&M Capital Partners (AMCP), an Alvarez & Marsal Capital-affiliated private equity firm, has acquired a majority interest in The Arcticom Group, a Walnut Creek, California-based provider of mission-critical commercial refrigeration and HVAC services. Arcticom's senior management will remain in place, and AMCP plans to use Arcticom as a platform to pursue add-on acquisitions and expand geographic and end-market presence across North America.

SNH Capital Partners Makes Strategic Investment in Five Nines

December 1, 2022

IT Services

SNH Capital Partners has made a strategic growth investment in Five Nines, a Midwest-focused managed IT services provider. The partnership will provide Five Nines with capital and operational resources to scale its managed IT, cybersecurity, and compliance offerings and expand further into regulated end markets such as healthcare.

Arctic Glacier Acquires North Star Ice Ltd.

May 11, 2022

Food & Beverage

Arctic Glacier, LLC has acquired North Star Ice Ltd., a family-owned packaged ice producer based in London, Ontario. The acquisition expands Arctic Glacier’s Canadian footprint and distribution reach as the company also opens a new production facility in Montreal; North Star’s Smibert family will transition ownership to Arctic Glacier.

HF Foods Group Acquires Sealand Food, Inc.

April 25, 2022

Food & Beverage

HF Foods Group Inc. has entered into an agreement to acquire substantially all assets of Sealand Food, Inc., a Richmond, Virginia–based frozen seafood supplier that serves Asian/Chinese restaurants across the U.S. East Coast. The acquisition expands HF Foods' distribution footprint into states where it previously had limited presence, bringing the combined network to serve roughly 15,000 restaurants and supporting HF Foods' goal of national scale and revenue growth.

New State Capital Partners Completes Majority Investment in Harrell-Fish Inc.

December 9, 2025

Construction

New State Capital Partners has completed a majority investment in Harrell-Fish Inc., a Bloomington, Indiana-based mechanical contractor, in partnership with Amethyst Capital Group. The existing owners retained significant equity and will remain with the company as New State positions HFI as a platform for organic growth and add-on acquisitions to expand geographically across the Midwest and beyond.