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Announced

Completed

Freeman Spogli completed the acquisition of Easy Ice from Saratoga.

Synopsis

Freeman Spogli, a private equity firm, completed the acquisition of Easy Ice, a provider of commercial ice machine rental and related services, from Saratoga Investment Advisors, a New York-based investment management firm. Financial terms were not disclosed. "We are excited to be partnering with Freeman Spogli to support the Company's next phase of expansion. We look forward to leveraging Freeman Spogli's experience in developing value-added distribution and retail services companies. John and I felt strongly that Freeman Spogli's proven track record of driving strong organic growth and supporting strategic acquisitions would make them an invaluable partner as we continue to execute our multipronged growth strategy," Mark Hangen, Easy Ice Co-Founder and CEO.

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