Kinzie Capital Partners Acquires Arctic Industries

February 20, 2024

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.

Buyers
Kinzie Capital Partners LP
Targets
Arctic Industries, Store It Cold
Sellers
Stoic Holdings
Industry
Manufacturing
Location
Florida, United States
Transaction Type
Buyout

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