M&A Deal Summary

Horizon Bradco Acquires Foley & Wallace Associates

On January 22, 2014, Horizon Bradco acquired distribution company Foley & Wallace Associates

Acquisition Highlights
  • This is Horizon Bradco’s 1st transaction in the Distribution sector.
  • This is Horizon Bradco’s 1st transaction in the United States.
  • This is Horizon Bradco’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2014-01-22
Target Foley & Wallace Associates
Sector Distribution
Buyer(s) Horizon Bradco
Deal Type Add-on Acquisition

Target

Foley & Wallace Associates

Avon, Massachusetts, United States
Foley & Wallace Associates, Inc. is a service provider and distributor of commercial and industrial food processing equipment. The company was founded in 1987 and is based in Avon, Massachusetts.

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Buyer(S) 1

Buyer

Horizon Bradco

Schenectady, New York, United States
Category Company
Founded 1987
Sector Business Services
DESCRIPTION

Horizon Bradco offers grocery and convenience store customers best-in-class equipment solutions including hot-side, refrigeration and HVAC repair, preventive maintenance, installation, and equipment sales. The company operates across three divisions – Horizon Bradco, Allied Mechanical Services, and 5-Star Refrigeration – and strengthens Smart Care’s existing service markets while adding expertise in full-service equipment solutions for food retail customers. Horizon Bradco was founded in 1987 and is based in Schenectady, New York.

DEAL STATS #
Overall 1 of 4
Sector (Distribution) 1 of 3
Type (Add-on Acquisition) 1 of 4
State (Massachusetts) 1 of 1
Country (United States) 1 of 4
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-22 Burke Food Equipment

Spartanburg, South Carolina, United States

Burke Food Equipment, Inc. offers food equipment distribution and installation services. The company was founded in 2007 and is based in Spartanburg, South Carolina.

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