M&A Deal Summary

Easy Ice Acquires Brooks Industries - Ice Maker Leasing Division

On February 25, 2022, Easy Ice acquired machinery company Brooks Industries - Ice Maker Leasing Division from Brooks Industries

Acquisition Highlights
  • This is Easy Ice’s 2nd transaction in the Machinery sector.
  • This is Easy Ice’s 2nd transaction in the United States.
  • This is Easy Ice’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2022-02-25
Target Brooks Industries - Ice Maker Leasing Division
Sector Machinery
Buyer(s) Easy Ice
Sellers(s) Brooks Industries
Deal Type Divestiture

Target

Brooks Industries - Ice Maker Leasing Division

Oklahoma City, Oklahoma, United States
Brooks Industries' Ice Maker Leasing Division provides ice machines.

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Buyer(S) 1

Buyer

Easy Ice

Marquette, Michigan, United States
Category Company
Founded 2009
Sector Machinery
DESCRIPTION

Easy Ice engages in full-service ice machine subscription industry. Easy Ice’s commercial ice machine subscription programs include installation, cleaning, preventive maintenance, repairs, backup ice, and peak demand ice. Easy Ice was established in 2009 and is based in Marquette, Michigan.

DEAL STATS #
Overall 2 of 17
Sector (Machinery) 2 of 8
Type (Divestiture) 1 of 7
State (Oklahoma) 1 of 1
Country (United States) 2 of 17
Year (2022) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-25 Biltmore Refrigeration

United States

Biltmore Refrigeration is a provider of full-service ice machines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-10 ICEsurance

Mamaroneck, New York, United States

ICEsurance provides full-service ice machine leasing solutions to help customers feel relaxed and confident when it comes to their ice needs. The company's program includes ice machine selection, installation, ongoing service and maintenance, cleaning and sanitizing, and free emergency back-up service. ICEsurance is based in Mamaroneck, New York.

Buy -

Seller(S) 1

SELLER

Brooks Industries

Oklahoma City, Oklahoma, United States
Category Company
Founded 1967
Sector Machinery
DESCRIPTION

Brooks Industries provides commercial ice machines electro freeze ice cream machines. Biltmore Refrigeration was founded in 1967 and is based in Oklahoma City.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
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