Smart Care Acquires Finley’s Facilities Services
ST. PAUL, Minn.--(BUSINESS WIRE)--Dec 15, 2022--
Smart Care, a portfolio company of Wind Point Partners (“Wind Point”), is pleased to announce the acquisition of Finley’s Facilities Services, LLC (“Finley’s” or the “Company”), a commercial kitchen equipment repair company. The addition of Finley’s bolsters Smart Care’s existing capabilities in Ohio and represents Smart Care’s third acquisition in the state and seventh overall since partnering with Wind Point in 2021.
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Based in Mt. Gilead, Ohio, Finley’s is a family-owned commercial kitchen equipment repair company, offering emergency repair, preventative maintenance and installation services for cooking, refrigeration and HVAC equipment. The Company’s clients include restaurants, grocers, convenience stores and other retail foodservice providers. Finley’s was founded in 2016 and quickly earned a reputation as a premier service provider for the repair of commercial kitchen equipment throughout Ohio.
Headquartered in Chicago, Ill., Smart Care is a leading U.S. service provider focused on hot and cold-side commercial foodservice, refrigeration, HVAC and specialty coffee and beverage equipment. Following the acquisition, Finley’s will join Smart Care’s Equipment Solutions business, which is based in St. Paul, Minn., and specializes in commercial kitchen equipment services. Smart Care has developed a strong reputation for service quality supported by a high-quality technician base. Its Equipment Solutions business serves thousands of customers spanning restaurants, grocers, convenience stores and corporate facilities across the U.S.
“I am delighted to welcome Finley’s Facilities Services into the Smart Care organization,” stated Gyner Ozgul, President and COO of Smart Care Equipment Solutions. “Finley’s is a premier service company in Ohio and fits well with our strategy to increase operational density and strengthen customer service capabilities. This is our third acquisition in Ohio and the combined teams will continue growing market share and exceeding customer expectations.”
Konrad Salaber, Managing Director at Wind Point, commented, “Strategic acquisitions with complementary offerings in growth markets are a key pillar of the Smart Care value creation plan. Finley’s, a leader in the Ohio market, is a great fit with the organization and we look forward to supporting their next phase of growth.”
“We are thrilled to join the Smart Care team,” noted Steve Finley, founder of Finley’s Facilities Services. “We look forward to leveraging Smart Care’s capabilities, best practices and scale to better serve our employees and customers. Smart Care is an industry leader in commercial kitchen equipment in Ohio, the broader Midwest and throughout the country. I’m confident our collective capabilities will allow Finley’s to accelerate its growth, provide even better service to its customers and provide additional opportunity to its employees.”
Smart Care will continue to seek strategic acquisition opportunities, with a focus on leading commercial refrigeration, kitchen equipment and HVAC repair and maintenance service providers throughout the U.S. and Canada.
About Smart Care
Smart Care is the largest provider of comprehensive commercial mechanical services, including hot and cold-side foodservice equipment, stand-alone refrigeration, HVAC, complex rack refrigeration and specialty coffee and beverage. Smart Care’s strong reputation and leading customer service is built on the foundation of a high-quality technician base, an unmatched breadth of repair and preventative maintenance services and quick response times. Smart Care is OEM-agnostic with the ability to service more than 10,000 types of equipment for food retail, restaurants, convenience stores, warehouse operators and other institutions. The company is headquartered in Chicago, Ill. with operations in all 50 states.
Additional information about Smart Care is available at www.smartcaresolutions.com.
About Finley’s Facilities Services
Finley’s Facilities Services is a commercial kitchen equipment repair company specializing in emergency repair and preventative maintenance services across hot-side cooking, refrigeration and HVAC equipment. Since 2016, Finley’s has provided critical services to hundreds of customers across restaurant, convenience store, grocery and other foodservice end markets in Ohio, and has developed a reputation for high quality service.
Additional information about Finley’s Facilities Services is available at www.finleysfacilities.com.
About Wind Point Partners
Wind Point Partners is a Chicago-based private equity investment firm with approximately $5 billion in assets under management. Wind Point focuses on partnering with top caliber management teams to acquire well-positioned middle market businesses where it can establish a clear path to value creation. The firm targets investments in the consumer products, industrial products and business services sectors. Wind Point is currently investing out of Wind Point Partners X, a fund that was initiated in 2022.
Additional information about Wind Point is available at www.windpointpartners.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20221215006025/en/
CONTACT: Ron Liberman, Wind Point Partners
Email:email@example.comDeanna DiCristo, Smart Care
KEYWORD: UNITED STATES NORTH AMERICA MINNESOTA OHIO
INDUSTRY KEYWORD: OTHER MANUFACTURING COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY HVAC MANUFACTURING BUILDING SYSTEMS MACHINERY RESTAURANT/BAR RETAIL
SOURCE: Smart Care
Copyright Business Wire 2022.
PUB: 12/15/2022 04:21 PM/DISC: 12/15/2022 04:21 PM