Norm's Refrigeration, Inc.
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Norm's Refrigeration, Inc. - overview
Established
1957
Location
Anaheim, CA, US
Primary Industry
Logistics & Distribution
About
Norm's Refrigeration, Inc. is a specialized provider of refrigeration solutions catering to various industries, ensuring reliable temperature control and product preservation for its clients. Founded in 1957 and headquartered in Anaheim, US, Norm's Refrigeration, Inc. focuses on refrigeration solutions.
In April 2018, the company was acquired by Empire Equipment Company, LLC, part of a strategic deal with Kian Capital Partners and others. The acquisition details were not disclosed. Norm's Refrigeration, Inc. specializes in providing a range of refrigeration solutions aimed at various industries.
Their products include commercial refrigeration units, temperature monitoring systems, and maintenance services, addressing the needs of businesses requiring reliable temperature control. The company serves markets in North America and beyond, aiding clients in maintaining optimal conditions for perishable goods. The revenue model of Norm's Refrigeration, Inc. primarily relies on direct sales of refrigeration equipment and associated services.
Clients can select from various product packages tailored to specific requirements. The company collaborates with suppliers to enhance its offerings, supporting both B2B transactions and retail sales. Norm's Refrigeration, Inc. plans to expand its product line by integrating advanced temperature monitoring technologies, with a launch date projected for the end of 2023.
The company aims to enter new geographic markets in Latin America and Asia by 2025. The funding from the acquisition in 2018 will be utilized to support product development and market entry initiatives.
Current Investors
Empire Equipment Company, LLC
Primary Industry
Logistics & Distribution
Sub Industries
Industrial Wholesalers
Website
www.normsrefrigeration.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Norm's Refrigeration, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Corporate Carve Out, Trade Sale | Completed | Norm's Refrigeration, Inc.'s Ice Machine Service and Leasing Division | - | ||||||||
| Add-on | Completed | Norm's Refrigeration, Inc. | - |
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