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
Location
United States
Transaction Type
Addon

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