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Smart Care Acquires Refrigeration Anytime

Dec 22, 2022almost 3 years ago

Acquiring Company

Smart Care

Acquired Company

Refrigeration Anytime

St. PaulFacilities Services

Description

Smart Care, a portfolio company of Wind Point Partners (“Wind Point”), is pleased to announce the acquisition of Refrigeration Anytime, LLC (“Refrigeration Anytime” or the “Company”), a commercial refrigeration and HVAC equipment repair company. The addition of Refrigeration Anytime strengthens Smart Care’s presence in Texas and represents Smart Care’s third acquisition in the state and eighth overall since partnering with Wind Point.

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