Kepler Capital Acquires Majority Stake in Service Station Vending Equipment, Inc.
May 17, 2022
Kepler Capital Limited Partnership has acquired a majority ownership stake in Service Station Vending Equipment, Inc. (SSVE), a manufacturer and service provider of tire inflation air and vacuum vending machines headquartered in Elmont, New York. Kepler plans to partner with founder Bill McCabe (who will remain a minority owner) to accelerate growth and pursue an aggressive roll-up strategy to build a national air-vending platform.
- Buyers
- Kepler Capital Limited Partnership
- Targets
- Service Station Vending Equipment, Inc.
- Industry
- Manufacturing
- Location
- New York, United States
- Transaction Type
- Buyout
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