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May 17, 2022

Almcoe Refrigeration acquired by Smart Care

Bulkley Capital served as exclusive financial advisor to Almcoe Refrigeration Company, LLC (Dallas, Texas), a provider of commercial refrigeration repair, maintenance and installation services, in the sale of the company to Smart Care (Alsip, Illinois).

Family-owned and operated and founded in 1960, Almcoe provides on-site scheduled and emergency repair, preventative maintenance, cleaning, design, installation and commissioning services, as well as sales of commercial refrigeration equipment and panels. The company serves customers in the commercial, grocery, retail and industrial cold storage sectors across the greater North, East and Central Texas markets. Bulkley Capital was engaged to identify a compatible acquirer for Almcoe with the financial and strategic resources to provide liquidity to the company’s owners and support the continued growth of the business.

Almcoe was acquired by Smart Care, a portfolio company of Wind Point Partners and a national provider of rack refrigeration, stand-alone refrigeration, HVAC and hot-side commercial cooking equipment services. Following the combination, Almcoe will become part of Smart Care’s Climate Solutions segment which specializes in refrigeration systems and serves hundreds of grocers, convenience stores and warehouse operators across the U.S.

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