Smart Care is North America’s largest provider of comprehensive mechanical services, including complex rack refrigeration, stand-alone HVAC and refrigeration, and hot-side commercial cooking equipment.Based in St. Paul, MN, Smart Care Equipment Solutions is the largest provider of commercial food eq…
Smart Care is North America’s largest provider of comprehensive mechanical services, including complex rack refrigeration, stand-alone HVAC and refrigeration, and hot-side commercial cooking equipment.
Based in St. Paul, MN, Smart Care Equipment Solutions is the largest provider of commercial food equipment services in North America with operations spanning all 50 states. The Company’s strong reputation and leading customer service have been built on the foundation of a high-quality technician base, an unmatched breadth of services and quick response times. Smart Care Equipment Solutions is OEM-agnostic with the ability to service more than 10,000 types of equipment for restaurant, food retail, healthcare and corporate customers.
Headquartered in Chicago, IL, Smart Care Climate Solutions (formerly Zone Climate Services) is a leading provider of complex commercial and industrial rack refrigeration & HVAC services across the Midwest. Since its founding in 2002, Smart Care Climate Solutions has developed a strong reputation for service quality and engineering expertise in the refrigeration systems market. The Company serves hundreds of customers spanning grocers, convenience stores, warehouse and industrial operators.
In March 2022, Wind Point Partners acquired Smart Care and partnered with management to invest behind the Company and accelerate organic growth and strategic acquisitions. Wind Point is an active investor in logistics and route-based services, with select current and former investments including Valicor, Quantix, Dicom, STG, and ATRG.
Partnering with Smart Care and Wind Point combines the characteristics of both financial and strategic buyers and offers business owners a range of liquidity options to suit individual needs, as well as additional financial upside and enhanced professional growth options for management and employees as part of a larger platform. These options include full or partial liquidity for selling owners, a continued and major ongoing role for owners, management and employees, as desired, and the opportunity for a second liquidity event upon the eventual sale of the expanded Smart Care business.
Smart Care is seeking add-on acquisition partnerships to expand its footprint, density, and service capabilities. Select acquisition criteria include:
· Hot and/or cold-side commercial kitchen equipment sales, installation, repair and maintenance
· Rack or industrial refrigeration equipment sales, installation, repair and maintenance
· Small-box commercial HVAC and refrigeration repair and maintenance
· Ice machine repair, maintenance, and leasing
· Commercial beverage equipment repair and maintenance (hot or cold)
· Between $3-100 million in revenue with positive cash flows and growth prospects
Smart Care is seeking acquisition opportunities primarily based in the United States and Canada.
Team (2)
Recent Transactions (13)
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
Superior Service Corporation
December 2021
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
VP Coffee
September 2021
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
Espresso Me Service
September 2021
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
Pure Mist Corporation
September 2021
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Other Support Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Special Food Services, Warehousing, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
Horizon Bradco
August 2021
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Other Support Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Special Food Services, Warehousing, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
Facilities Maintenance Specialist
June 2021
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Other Support Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Special Food Services, Warehousing, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
Jaguar Coffee Company
June 2021
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Other Support Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Special Food Services, Warehousing, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
TBS Southeast
April 2021
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Other Support Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Special Food Services, Warehousing, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
Advanced Mechanical Plus
March 2020
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Other Support Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Special Food Services, Warehousing, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
Turbo Technicians
September 2019
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Other Support Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Special Food Services, Warehousing, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
Mid-South Maintenance
February 2019
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Other Support Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Special Food Services, Warehousing, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
REMCO
June 2018
Smart Care Equipment Solutions
Administration of Environmental Quality Programs, Biotechnology research and development laboratories or services in environmental science, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Environmental Consulting Services, Environmental research and development laboratories or services (except biotechnology research and development), Environmental testing laboratories or services, Government Facilities Services, Other Support Services, Pollution testing (except automotive emissions testing) services, Services to Buildings and Dwellings, Special Food Services, Warehousing, Waste Management and Remediation Services, Waste Treatment and Disposal
acquired
Alpro Service
June 2018
Sectors Smart Care Solutions serves:
Business Services
Consumer Services
Distribution
Industrials
Technology
Consumer Goods
Energy & Utilities
Retail
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