Tech-24, backed by HCI Equity Partners, has acquired Yukon Refrigeration. Tech-24 is a nation-wide provider of repair and maintenance services for food service and commercial HVAC equipment. Yukon is HCI’s fifth add-on acquisition in the foodservice repair market.
“Yukon has a terrific reputation for responsiveness and customer service in Illinois,” said Dan Rodstrom, CEO of Tech-24. “We are delighted they are joining the Tech-24 family as we grow our national leadership in this vital service industry.”
Doug McCormick, HCI’s Managing Partner commented, “This acquisition is part of our consolidation strategy that is increasing Tech-24’s geographic reach and making it a strong competitor to service Illinois’ largest retailers and retail chains. Yukon is a great example of how HCI is focused on partnering with founder-owned companies to help them expand and thrive in today’s markets.”
Quarles & Brady served as legal counsel to Tech-24.