Skip to content

HCI Equity-Backed Tech24 Acquires AmeriCold

August 2022

Genz & Associates, LLC (“Genz & Associates”) is pleased to announce its role as buy-side M&A advisor to HCI Equity Partners (“HCI”) backed Tech24 in its acquisition of AmeriCold. AmeriCold is a leading provider of cold-side repair and installation services to customers in the New York metropolitan area, Washington DC, and Southeast Florida. This acquisition expands the Tech24 platform’s cold-side refrigeration services and increases its market share in key MSAs.

About Tech24

Tech24 provides installation, preventative maintenance, and repair for food service facilities across the US. The Company specializes in cooking, refrigeration, beverage, and specialty food service equipment, as well as performs HVAC, electrical, and plumbing services.

About HCI Equity Partners

HCI Equity Partners, headquartered in Washington, DC, is a lower market private equity firm focused on partnering with family and founder-owned distribution, manufacturing and service companies.

About Genz

Established in 2011, Genz & Associates is a leading buy-side mergers and acquisitions advisory firm with offices in Austin, Los Angeles, and Phoenix. Our core focus is partnering with leading investors seeking to deploy capital into industry-specific platform investments, add-on/strategic acquisitions, and buy-and-build strategies. Since its founding, the firm has closed 90+ transactions with an enterprise value exceeding $3 billion.

Back To Top