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Announced

Completed

Easy Ice completed the acquisition of the leasing division of Arctic Glacier.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

packaged ice

Completed

Private

Majority

Domestic

Specialty Retailers

Friendly

United States

Synopsis

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Easy Ice, an national provider of full-service ice machine subscription solutions, completed the acquisition of the leasing division of Arctic Glacier, a packaged ice company. Financial terms were not disclosed. "After more than 45 years in business, Arctic Glacier and Icesurance have achieved extraordinary success in the commercial ice machine industry. We're equipped to continue that legacy. With this acquisition, we have strengthened our presence in the two largest metropolitan areas in the nation with local resources that enable us to provide best-in-class service to clients in both regions," Mark Hangen, Easy Ice CEO.

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