TEK Express, Inc. Asset Profile

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Year established

1979

Location

NY US

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

Based in New York, US, and founded in 1979, TEK Express, Inc. operates as a provider of repair and maintenance services for food service and commercial heating, ventilation, and air conditioning (HVAC) equipment sectors. In October 2022, Foodservice Technologies Inc., a portfolio company of HCI Equity Partners, acquired TEK Express, Inc. As of October 2022, the company servicing customers in New York, New Jersey, and Connecticut. TEK Express, Inc. provides turn-key installation work, delivery and set-in place, stainless steel welding and fabrication, refrigeration and HVAC repair and installation, equipment relocation, and custom diamond plating for commercial kitchens in schools, institutions, hospitals, and restaurants.

Current Investors

Tech24

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Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Facilities & Maintenance Services, Heating, Cooling & Ventilation Equipment and Services

Website

www.tekexpressny.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

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)
Completed	TEK Express, Inc.	07 Oct 2022

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