Tech24, a provider of repair and maintenance services for food service and commercial HVAC equipment and a portfolio company of HCI Equity Partners, has purchased 1st Source Restaurant Services.
1st Source is a provider of repair services, preventative maintenance and installation for food service, refrigeration equipment, HVAC and plumbing. The company services restaurants, hotels, religious establishments, country clubs and convenience stores in the Dallas-Fort Wortharea, San Antonio and Arkansas. The deal expands Tech24’s services in Texas.
“We are very pleased to add 1st Source to the Tech24 family,” comments Dan Rodstrom, CEO of Tech24. “They come with a great reputation for service and established presence in the burgeoning Dallas-Fort Worth market. We are excited to work alongside Travis Fogle and the entire 1st Source team as part of the broader Tech24 organization.”
Quarles & Brady served as legal counsel to Tech24.