Fort Point Capital Acquires Ice House America from Ulysses Management
January 23, 2024
Fort Point Capital, a Boston-based private equity firm, has acquired Ice House America, LLC, the largest automated retail ice and water platform in the United States, from existing investor Ulysses Management LLC. Fort Point plans to support IHA's growth by expanding the company-owned fleet, broadening sales capabilities, and investing in aftermarket and software capabilities; Ulysses will remain a minority investor and Barings provided debt financing.
- Buyers
- Fort Point Capital
- Targets
- Ice House America, LLC
- Sellers
- Ulysses Management LLC
- Industry
- Manufacturing
- Location
- Georgia, United States
- Transaction Type
- Buyout
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