M&A Deal Summary

Russell Hendrix Acquires Guitech Services

On February 9, 2017, Russell Hendrix acquired business services company Guitech Services

Acquisition Highlights
  • This is Russell Hendrix’s 1st transaction in the Business Services sector.
  • This is Russell Hendrix’s 2nd transaction in Canada.
  • This is Russell Hendrix’s 1st transaction in Quebec.

M&A Deal Summary

Date 2017-02-09
Target Guitech Services
Sector Business Services
Buyer(s) Russell Hendrix
Deal Type Add-on Acquisition

Target

Guitech Services

Montreal, Quebec, Canada
Guitech Services, Inc. is a provider of maintenance and repairs on commercial kitchen equipment such as dishwashers, ovens and fryers, as well as refrigerated and HVAC equipment. Guitech Services is based in Montreal, Canada.

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Buyer(S) 1

Buyer

Russell Hendrix

Vancouver, British Columbia, Canada

Category Company
Founded 1938
Sector Distribution
DESCRIPTION

Russell Hendrix is a distributor of foodservice equipment and supplies for the foodservice industry. Russell offers an assortment of equipment, supplies, parts, and services to more than 20,000 foodservice operators across the country, and serves the restaurant, institutional, government, education, healthcare, hospitality, and other foodservice markets. Russell Hendrix was founded in 1938 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Quebec M&A 1 of 1
Country: Canada M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-21 Hendrix Hotel & Restaurant Equipment & Supplies

Brockville, Ontario, Canada

Hendrix Hotel & Restaurant Equipment & Supplies is a provider of foodservice equipment and supplies for the foodservice industry. Hendrix Hotel & Restaurant Equipment & Supplies was founded in 1981 and is based in Brockville, Ontario.

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