Mergers and Acquisitions

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March 17, 2022

Foundation Investment Partners Acquires Weiss Instruments

The private equity firm Foundation Investment Partners has acquired Holtsville, N.Y.-based Weiss Instruments, a manufacturer of temperature and pressure instruments for the HVAC/R and OEM customers.

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March 14, 2022

BBQ Holdings Lands Its Largest Acquisition

The $28 million deal is set to close early next month and marks the third acquisition for the company over the past year.

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March 11, 2022

U.K.’s CMA Investigating Ali Group’s Anticipated Acquisition of Welbilt

The U.K.’s Competition and Markets Authority is investigating the anticipated acquisition by Ali Group of Welbilt due to competition concerns.

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March 10, 2022

Zone Climate Services Acquires Smart Care

The company now will operate in all 50 states with over 1,100 technicians.

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March 3, 2022

Welbilt To Sell Manitowoc Ice to Pentair

Welbilt expects to close the sale in the first half of 2022, concurrently with the closing of the acquisition of Welbilt by Ali Group.

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February 28, 2022

Easy Ice Picks Up Biltmore Refrigeration

The full-service ice machine subscription solutions provider Easy Ice has added to its portfolio with the acquisition of Biltmore Refrigeration.

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February 9, 2022

Dunkin’ Adds Corporate-Owned Stores to Its Portfolio

Dunkin’ says having its own restaurants will allow it “to get closer to day-to-day operations” and test and learn in a controlled environment, leading to better-informed decisions impacting the entire system.

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February 8, 2022

Rep Groups Merge To Form Curate

Two manufacturers’ representative groups—Apex Commercial Kitchen Co. and TRC Marketing—have merged to form a new group, Curate.

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January 24, 2022

Hoshizaki Acquires Italian Ice Machine Manufacturer

Hoshizaki has acquired the Italian commercial icemaker manufacturer Brema in a move it hopes will help it become the No. 1 commercial icemaker manufacturer in Europe.

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January 18, 2022

PT Holdings Acquires the REPA Group

PT Holdings, the parent company to Parts Town, announced today the acquisition of the REPA Group, a distributor of spare parts for professional kitchens, coffee and vending machines in Europe.

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