Operating Company Industrial Services

AeriTek

Kennesaw, Georgia, United States

Manufacturer and distributor of commercial refrigeration and foodservice equipment (e.g., refrigerated display cases and related merchandising solutions) operating multiple brand platforms including Imbera, Torrey, Federal/Continental, Minus Forty, and QBD.

Focus Areas
Commercial refrigeration equipment, Foodservice refrigeration, Foodservice merchandising display cases

Tracked deals

3

3 tracked deals across 2025-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Addon

2 addon · 1 buyout

AeriTek Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for AeriTek. 1 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • AeriTek Global Holdings Acquires Continental Refrigerator and National Comfort Products
    April 15, 2026
    Buyer
    AeriTek Global Holdings LLC
    Target
    Continental Refrigerator, National Comfort Products
    Seller
    National Refrigeration 0 Air Conditioning Products, Inc.
    Industry
    Industrial Services
    Location
    Pennsylvania, United States
    Type
    Addon

    AeriTek Global Holdings LLC (backed by Mill Point Capital) completed its acquisition of the foodservice refrigeration and HVAC assets operating under the Continental Refrigerator and National Comfort Products (NCP) brands. The purchase expands AeriTek’s position in the U.S. commercial foodservice refrigeration market by combining complementary product lines and go-to-market capabilities.

  • AeriTek Acquires Federal Industries
    March 9, 2026
    Buyer
    AeriTek Global Holdings LLC, Mill Point Capital LLC
    Target
    Federal Industries, LLC
    Seller
    Standex International Corporation
    Industry
    Manufacturing
    Location
    Wisconsin, United States
    Type
    Buyout

    AeriTek Global Holdings acquired Federal Industries in a carve-out transaction from Standex International Corporation. The deal strengthens AeriTek’s U.S. foodservice manufacturing and distribution platform by adding Federal’s vertically integrated manufacturing facility in Belleville, Wisconsin and its dealer/distributor network.

  • AeriTek (Mill Point Capital) Acquires Due North (Minus Forty QBD Corp)
    September 29, 2025
    Buyer
    AeriTek Global Holdings LLC, Mill Point Capital LLC
    Target
    Minus Forty QBD Corp (Due North)
    Seller
    Ronin Equity Partners
    Industry
    Manufacturing
    Location
    Ontario, Canada
    Type
    Addon

    AeriTek Global Holdings (a portfolio company of Mill Point Capital) has acquired Minus Forty QBD Corp, doing business as Due North, combining AeriTek’s Imbera and Torrey businesses with Due North’s QBD and Minus Forty brands to create a scaled North American manufacturer and distributor of refrigerated display cases. Ronin Equity Partners, which formed Due North in 2021, is exiting the investment as part of the transaction and intends to run a GP-led continuation vehicle to bring in new minority investors in the expanded group.

Related Acquisition Pages

Manufacturing Buyers & Acquisitions 2 tracked deals by AeriTek. Industrial Services Buyers & Acquisitions 1 tracked deal by AeriTek. Acquisitions in Pennsylvania 1 tracked deal by AeriTek. Acquisitions in Wisconsin 1 tracked deal by AeriTek.

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