Smart Care Adds Three New Providers

Smart Care Continues to Build Premier, National Commercial Kitchen Equipment Service Company with Three Acquisitions

ST. PAUL, June 14, 2021 – Smart Care® Equipment Solutions (Smart Care) announces the acquisition of three best-in-class service companies, TBS Southeast, a leading provider of commercial foodservice equipment and HVAC services, Jaguar Coffee Company, a leading provider of specialty commercial coffee equipment services, and Facility Maintenance Specialist (FMS), a leading provider of hot-side commercial foodservice equipment repair and maintenance.

Smart Care’s sixth acquisition, TBS Southeast, is based in Liberty, Mississippi, and provides best-in-class service to convenience store customers, primarily in the Dallas-Fort Worth market, increasing Smart Care’s footprint in Texas. Jaguar Coffee Company and FMS represent Smart Care’s seventh and eighth acquisitions, respectively, and are both based in Spring Hill, Florida. Jaguar adds expertise in the repair and maintenance of super-automatic espresso machines, coffee brewers and grinders, and water filtration systems, while FMS augments Smart Care’s existing hot-side commercial kitchen equipment repair and maintenance scale and expertise.

“TBS Southeast, Jaguar Coffee Company, and FMS have built strong customer bases primarily throughout the Southeast and Texas,” said Bill Emory, Chief Executive Officer, Smart Care. “These companies have been dedicated over the years to exceeding customer expectations and have significant runway for accelerated growth in their current service areas and beyond by leveraging Smart Care’s scale and capabilities. Their high integrity and commitment to customer satisfaction and partnership aligns perfectly with Smart Care’s mission, vision, and values. We are proud to welcome them to the Smart Care family!”

The acquisition of TBS Southeast, Jaguar Coffee Company, and FMS reflects Smart Care’s strategy of partnering with best-in-class service companies to strengthen its service offerings and national footprint to better serve its customers.

Smart Care is continuing to build its leading, national platform through organic growth initiatives and add-on acquisitions within the fragmented U.S. commercial kitchen repair and maintenance services market. Smart Care has invested heavily to develop best-in-class infrastructure to support and drive growth with each acquisition, providing customers a differentiated service partnership.

To support this growth strategy, Smart Care is seeking add-on acquisition partnerships to expand its footprint, density, and service capabilities. Select acquisition criteria include:

• Hot and/or cold-side commercial kitchen equipment repair and maintenance
• Ice machine repair and maintenance
• Commercial beverage equipment repair and maintenance
• Small-box commercial HVAC and refrigeration repair and maintenance

If you are a service company that fits with any of the above criteria and are interested in partnering with Smart Care, please contact Kirk Sabiston at Kirk.Sabiston@smartcaresolutions.com.

About Smart Care Equipment Solutions

Smart Care® Equipment Solutions is headquartered in St. Paul, Minnesota, and is the leading independent provider of comprehensive commercial kitchen repair and maintenance services to the U.S. commercial food service industry. The company services more than 45,000 locations in all 50 states across quick-service and full-service restaurants, food retailers, healthcare, education, hospitality, government, corporate offices, and other commercial and institutional food service end-markets. Smart Care is the largest kitchen equipment service organization not affiliated with an OEM and provides nationwide service for equipment from virtually all manufacturers. For more information, please visit www.smartcaresolutions.com.

About TBS Southeast

TBS Southeast is a service company based in Liberty, Mississippi, and under former ownership since 1996. TBS specializes in hot-side and cold-side commercial kitchen equipment and HVAC repair and maintenance.

About Jaguar Coffee Company and Facility Maintenance Services (FMS)

Jaguar Coffee Company and FMS are service companies based in Spring Hill, Florida, and under former ownership since 1994. Jaguar Coffee Company provides specialty commercial coffee equipment repair and maintenance. FMS specializes in hot-side commercial kitchen equipment maintenance and repair.