Add-on Acquisition • Machinery

Brooks Equipment Acquires Grease Lock

On December 7, 2023, Brooks Equipment acquired machinery company Grease Lock

Acquisition Context

This is Brooks Equipment’s 1st transaction in the Machinery sector.
This is Brooks Equipment’s 2nd transaction in the United States.
This is Brooks Equipment’s 1st transaction in Minnesota.

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M&A Deal Summary
Date	December 7, 2023
Target	Grease Lock
Sector	Machinery
Buyer(s)	Brooks Equipment
Deal Type	Add-on Acquisition

Target Company

Grease Lock

Mendota Heights, Minnesota, United States

Grease Lock is a state-of-the-art patented product line that is engineered to capture up to 98% of airborne kitchen grease, simplifying hood maintenance and augmenting fire safety in commercial kitchens. Grease Lock filter pads and metal frames are easy to use and replace traditional baffles, significantly decreasing fire risk, hood cleanings, and labor costs in commercial cooking settings. Grease Lock was formed in 2004 and is based in Mendota Heights, Minnesota.

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Buyer Overview 1

Buyer

Brooks Equipment

Charlotte, North Carolina, United States

Category	Company
Founded	1941
Sector	Distribution

DESCRIPTION

Brooks Equipment is a distributor of first response fire protection equipment and related parts. Brooks Equipment operates via an extensive network of 16 distribution centers nationwide, through which it offers more than 200,000 products across every major fire and life safety brand. Brooks Equipment was founded in 1941 and is based in Charlotte, North Carolina.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Machinery	1 of 1
Type: Add-on Acquisition	2 of 2
State: Minnesota	1 of 1
Country: United States	2 of 2
Year: 2023	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2023-12-07	Electronic Supply Birmingham, Alabama, United States Electronic Supply is a distributor of low voltage and security products and a provider of monitoring station services with seven locations across the Southeastern United States. Electronic Supply was founded in 1956 and headquartered in Birmingham, Alabama.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2023-12-07

Electronic Supply

Birmingham, Alabama, United States

Electronic Supply is a distributor of low voltage and security products and a provider of monitoring station services with seven locations across the Southeastern United States. Electronic Supply was founded in 1956 and headquartered in Birmingham, Alabama.

Buy

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