Tech-24 Acquires Yukon Refrigeration

The Move Marks the Company’s Fifth Add-On Acquisition.

Tech 24 1200x800 1
Courtesy of Tech-24.

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.

RELATED CONTENT

DunkinDonuts

Inspire Brands Changes Corporate Structure

Scott Murphy becomes chief brand officer and Dan Lynn is chief commercial and restaurant officer.

GregStakWEB

Greg Stak Joins Victorinox As Cutlery Sales VP

Stak’s career includes time spent at ACP Inc. and HC Duke. In his new role, he will focus on sales growth at Victorinox.

- Advertisement -

- Advertisement -

- Advertisement -

TRENDING NOW

- Advertisement -

- Advertisement -

- Advertisement -