Kinzie Capital Partners Acquires Arctic Industries
February 20, 2024
Kinzie Capital Partners, a Chicago-based private equity firm, has acquired Arctic Industries, a national manufacturer and distributor of walk-in coolers, freezers and the CoolBot refrigeration controller. The transaction (completed in partnership with Arctic management) will support Arctic's nationwide expansion by leveraging its bi-coastal manufacturing footprint and product portfolio across foodservice, healthcare and industrial end markets. Brown Gibbons Lang served as financial advisor to selling owner Stoic Holdings; terms were not disclosed.
- Buyers
- Kinzie Capital Partners LP
- Targets
- Arctic Industries, Store It Cold
- Sellers
- Stoic Holdings
- Industry
- Manufacturing
- Location
- Florida, United States
- Transaction Type
- Buyout
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