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  6. Preston Refrigeration Acquires Panatrol

M&A Deal Summary

Preston Refrigeration Acquires Panatrol

On October 4, 2022, Preston Refrigeration acquired business services company Panatrol

Acquisition Highlights
  • This is Preston Refrigeration’s 1st transaction in the Business Services sector.
  • This is Preston Refrigeration’s 1st transaction in the United States.
  • This is Preston Refrigeration’s 1st transaction in Illinois.

M&A Deal Summary
Date 2022-10-04
Target Panatrol
Sector Business Services
Buyer(s) Preston Refrigeration
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target

Panatrol

Burr Ridge, Illinois, United States
Panatrol is a controls integrator that has grown from servicing local customers to designing, building, programming, and shipping systems throughout North America. Its staff has experience across several industries and many control platforms, which allows the Company to demonstrate excellence in each project and do so within budget to ensure financial success for the business. Panatrol was formed in 1979 and is based in Burr Ridge, Illinois.

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Buyer(S) 1

Buyer

Preston Refrigeration

Kansas City, Missouri, United States
Category Company
Sector Business Services
DESCRIPTION

Preston Refrigeration is a full-service industrial refrigeration contractor that has delivered innovative, efficient, and dependable solutions for clients in the meat processing, food & beverage, and cold storage sectors. Preston Refrigeration is based in Kansas City, Missouri.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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