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New Deal


Announced

Completed

PT-backed Parts Town completed the acquisition of Commercial Kitchen Parts & Service.

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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Acquisition

United States

Specialty Retailers

Private

Domestic

Completed

commercial kitchen repair

Majority

Friendly

Single Bidder

Synopsis

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PT-backed Parts Town, distributor of genuine original equipment manufacturer foodservice equipment parts, completed the acquisition of Commercial Kitchen Parts & Service, a provider of commercial kitchen equipment repair services. Financial terms were not disclosed. “Commercial Kitchen Parts & Service has a strong OEM parts distribution capability, great leadership, an exceptional brand, and high-integrity leadership. We have been incredibly impressed with Brock Coleman and his team and admired the business for years. We are thrilled to have Commercial Kitchen Parts & Service join the PT Holdings family,” David Wenger, PT Holdings Group President.

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