Tech24 Acquires AmeriCold and Arrowhead Commercial Equipment
August 26, 2022
Tech24, backed by HCI Equity Partners, acquired AmeriCold (announced August 19, 2022) and Arrowhead Commercial Equipment (announced August 10, 2022) as add-on acquisitions to its Tech24 platform. The deals expand Tech24's cold-side refrigeration service capabilities and increase its market share in the New York metro/DC/Southeast Florida and Phoenix markets; financial terms were not disclosed.
- Buyers
- Tech24, HCI Equity Partners
- Targets
- AmeriCold, Arrowhead Commercial Equipment
- Platforms
- Tech24
- Industry
- HVAC & Mechanical
- Location
- United States
- Transaction Type
- Addon
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