HCI Equity Partners has completed a multi-asset continuation vehicle transaction involving ACR and Tech24

Client: HCI Equity Partners

Client Location: United States

Target: AmerCareRoyal, LLC and Commercial Foodservice Repair, Inc

Target Location: United States

Target Description: 

AmerCareRoyal, LLC (“ACR”) manufactures disposable products, which include food service, janitorial, sanitation, industrial, medical, and hospitality products. The company distributes aprons, bags, baking supplies, food labels, food shells, bamboo disposables, bibs, caps, and more. Additionally, it offers paper products, plastic disposables, protective apparel, register rolls, scrub pads and more.

Commercial Foodservice Repair, Inc (“Tech24”) provides commercial foodservice equipment repair and maintenance services for restaurants, convenience stores, retailers, grocery stores, corporate and government facilities, schools and entertainment venues in the United States. It offers services in the areas of cooking equipment repair, refrigeration repair, beverage equipment repair, HVAC equipment repair, electrical plumbing and planned maintenance.

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