M&A Deal Summary

Easy Ice Acquires Iceworks

On April 22, 2024, Easy Ice acquired business services company Iceworks

Acquisition Highlights
  • This is Easy Ice’s 7th transaction in the Business Services sector.
  • This is Easy Ice’s 12th transaction in the United States.
  • This is Easy Ice’s 1st transaction in New Mexico.

M&A Deal Summary

Date 2024-04-22
Target Iceworks
Sector Business Services
Buyer(s) Easy Ice
Deal Type Add-on Acquisition

Target

Iceworks

Albuquerque, New Mexico, United States
Iceworks is engaged in the installation, maintenance, and repair of your ice machines. Iceworks is based in Albuquerque, New Mexico.

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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 12 of 17
Sector (Business Services) 7 of 7
Type (Add-on Acquisition) 7 of 10
State (New Mexico) 1 of 1
Country (United States) 12 of 17
Year (2024) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-04 Southwest Refrigeration

Fort Myers, Florida, United States

Southwest Refrigeration is a distributor of all major commercial and residential refrigeration equipment including Manitowoc, Hozhizaki, Ice-O-Matic, True refrigeration systems, Scotsman, and Master-Bilt refrigeration systems. Southwest Refrigeration is based in Fort Myers, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-30 Tri Cities Supply

White Oak, Texas, United States

Tri Cities Supply is engaged in commercial ice machine rentals and offers various types of ice machines, countertop models, ice storage, and dispensing solutions. Tri Cities Supply was founded in 1980 and is based in White Oak, Texas.

Buy -