Alsip, Ill., June 28, 2022 – Smart Care, a portfolio company of Wind Point Partners (“Wind Point”), is pleased to announce the acquisition of Dutton Food Equipment Repair, Inc. (“Dutton” or the “Company”). Dutton represents Smart Care’s 19th acquisition since 2017 and the fourth under Wind Point’s ownership. The addition of Dutton strengthens Smart Care’s presence in the Mid-Atlantic region, complementing existing operations in the region and unlocks capacity for growth.
Based in Richmond, Va., Dutton is a family-owned and operated commercial kitchen equipment repair company, offering emergency repair and preventative maintenance services for cooking, refrigeration and beverage equipment, as well as HVAC mechanical services. Founded in 1984, Dutton has earned the reputation as a premier service provider for commercial kitchen customers in the Mid-Atlantic region.
Headquartered in Alsip, Ill,, Smart Care is a leading U.S. service provider focused on hot-side commercial cooking equipment, stand-alone refrigeration, specialty coffee and beverage, commercial and industrial rack refrigeration and HVAC services. Following the combination, Dutton will join Smart Care’s Equipment Solutions segment, which specializes in commercial kitchen equipment services and has developed a strong reputation for service quality and breadth of equipment capabilities supported by a high-quality technician base. The Equipment Solutions segment serves thousands of customers spanning restaurant, convenience store, healthcare and corporate customers across the U.S.
“Dutton is a great acquisition and we’re elated to welcome the Dutton team to the growing family of Smart Care companies,” said Gyner Ozgul, President and COO of Smart Care Equipment Solutions. “For nearly 40 years the Dutton team has been dedicated to exceeding expectations and serving customers across the greater Richmond market. We look forward to further enabling the Company’s growth plans while continuing to build upon Dutton’s strong foundation anchored in excellent customer service.”
Konrad Salaber, Managing Director at Wind Point, commented, “Increasing operational density and expanding customer end markets via strategic acquisitions is a key pillar of the Smart Care value creation plan. Dutton provides a strong regional presence in commercial kitchen service for us in the Mid-Atlantic region and is a highly valuable addition for the combined platform. We look forward to continuing to deliver world-class service levels for our customers, investing in our best-in-class technician base and supporting the next phase of growth for the combined organization.”
“We are thrilled to join the Smart Care team,” stated Jack Dutton, Founder of Dutton. “We are eager to partner with an organization that shares both our values and our dual commitment to customers and employees. Smart Care is an industry leader in the commercial kitchen equipment services space, and I’m optimistic about the momentum that will result from combining our strengths and resources to continue to deliver exceptional service to customers.”
Wind Point is an active investor in logistics and route-based services, with select current and former investments including Valicor, Quantix, Dicom, STG Logistics and American Trailer Rental Group. Smart Care will continue to seek strategic acquisition opportunities, with a focus on leading commercial refrigeration, kitchen equipment and HVAC repair and maintenance service providers throughout the U.S. and Canada.
About Smart Care
With operations in all 50 states, Smart Care is the largest provider of comprehensive commercial mechanical services, including hot-side cooking equipment, stand-alone refrigeration, complex rack refrigeration and HVAC. Smart Care’s strong reputation and leading customer service have been built on the foundation of a high-quality technician base, an unmatched breadth of services, and quick response times. Smart Care is OEM-agnostic with the ability to service more than 10,000 types of equipment for food retail, restaurants, convenience stores, warehouse operators, and other institutions.
Additional information about Smart Care is available at www.smartcaresolutions.com.
Dutton Food Equipment Repair, Inc. is a commercial kitchen equipment repair company serving the Mid-Atlantic market for over 38 years. Dutton provides critical repair and planned maintenance services, to hundreds of customers across restaurant, convenience store, healthcare and other institutional end markets. Since its founding in 1984 by Jack Dutton, the Company has developed a reputation for high quality service by prioritizing both its customers and technicians.
Additional information about Dutton is available at www.duttonequipment.com.
About Wind Point Partners
Wind Point Partners is a Chicago-based private equity investment firm with approximately $4 billion in assets under management. Wind Point focuses on partnering with top caliber management teams to acquire well-positioned middle market businesses where it can establish a clear path to value creation. The firm targets investments in the consumer products, industrial products and business services sectors.
Additional information about Wind Point is available at www.windpointpartners.com.
Ron Liberman, Wind Point Partners Phone: 312-255-4812