Audax Private Equity (Audax) has completed the sale of Smart Care Equipment Solutions (Smart Care), a provider of commercial kitchen equipment maintenance services, to Zone Climate Services, a provider of mission-critical refrigeration and HVAC services backed by Wind Point Partners.
Since partnering with Audax in November 2017, the Smart Care team executed on Audax’s Buy & Build strategy, completing 14 add-on acquisitions, growing to over 1,400 employees, and completing over 350,000 service events annually.
Read more: Private Equity Wire
