Announced
Completed
Synopsis
Leonard Green & Partners, a private equity investment firm, completed the investment in Parts Town, a distributor of OEM foodservice equipment parts. Financial terms were not disclosed. "We are delighted to be partnering with the exceptional team at Parts Town. We invest in companies that win with people, have a differentiated culture and are market leaders with multiple ways to grow — and Parts Town is the perfect example. The company’s customer-first mission and employee-centric values perfectly align with what we believe at Leonard Green. We have admired Parts Town for a long time and are excited to be partnering with Parts Town management and Berkshire Partners to support the next phase of the company’s growth," Jonathan Seiffer, Leonard Green Senior Partner.
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