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Smart Care Announces Q4 Acquisitions

Jan 30, 2024almost 2 years ago

Acquiring Company

Smart Care

Acquired Company

Watson Refrigeration

St. PaulRaleighBirminghamFort WorthFacilities ServicesBuilding Maintenance

Description

Smart Care, a portfolio company of Wind Point Partners, has announced the acquisition of three companies in the fourth quarter of 2023: Watson Refrigeration, Inc., A Advantage Air, Inc., and Metroplex Refrigeration, Inc. These strategic acquisitions further Smart Care’s growth strategy, expand its capabilities and coverage areas, and reinforce its commitment to delivering exceptional quality service to customers at local and national levels.

Company Information

Company

Smart Care

Location

St. Paul, Minnesota, United States

About

Smart Care provides solutions for commercial foodservice, refrigeration, warehouse/cold storage and HVAC equipment nationwide. We are always looking for top talent - contact us to learn more! careers@smartcaresolutions.com

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed