Tech-24 Acquires Yukon Refrigeration

The commercial foodservice equipment repair provider Tech-24 is adding to its market share with yet another acquisition of a fellow service company.

On Sept. 20, Tech-24, which is part of HCI Equity Partners, acquired Yukon Refrigeration, marking the company’s fifth add-on acquisition. According to a press release, Yukon represents an attractive addition to Tech-24’s existing footprint in Illinois and comes with a stable base of tenured technicians and established market share.

“This acquisition is part of our consolidation strategy that is increasing Tech-24’s geographic reach and making it a strong competitor to service Illinois’ largest retailers and retail chains,” says Doug McCormick, HCI’s managing partner, in a press release. “Yukon is a great example of how HCI is focused on partnering with founder-owned companies to help them expand and thrive in today’s markets.”

Headquartered in Mount Vernon, Ill., Yukon is a provider of repair services, preventative maintenance and installation for foodservice and HVAC equipment to customers throughout southern Illinois.

“Yukon has a terrific reputation for responsiveness and customer service in Illinois,” says Dan Rodstrom, CEO of Tech-24, in a press release. “We are delighted they are joining the Tech-24 family as we grow our national leadership in this vital service industry.”

The acquisition follows four other recent acquisitions. In late 2020, the company acquired AIS Commercial Parts & Service and Eichenauer Services Inc. In March, Tech-24 landed Allied Mechanical Services, followed by United Service Technologies in April.