Alsip, Ill., December 23, 2021 – Zone Climate Services (“Zone”), a portfolio company of Wind Point Partners (“Wind Point”), is pleased to announce the acquisition of Total Line Refrigeration, Inc. (“Total Line” or the “Company”). Total Line is Zone’s first acquisition under Wind Point’s ownership and enables Zone’s expansion into Ohio as well as the addition of complementary end-markets and repair services.
Based in Cleveland, Ohio, Total Line is a family-owned and operated commercial refrigeration and HVAC company offering preventative maintenance, repair and installation services. Founded in 1998, Total Line has developed a reputation as one of Ohio’s premier service providers for food service, food grocery and retail, and other commercial kitchen equipment customers.
Headquartered in Alsip, Ill., Zone is a market leader in commercial refrigeration and HVAC services across the Midwest. Zone serves hundreds of customers spanning grocers, convenience stores and warehouse operators.
“We are extremely excited to have Total Line join the Zone Climate family,” said Henry Lees-Buckley, CEO of Zone. “The Total Line team has established a fantastic business serving customers across a variety of industry verticals. We look forward to further supporting the Company’s growth plans while continuing to build upon Total Line’s strong foundation for excellent customer service.”
Konrad Salaber, Managing Director at Wind Point, commented, “Expanding end market and geographic reach via strategic acquisitions is a key pillar within the Zone value creation plan. Total Line’s expertise in the food service and restaurant segments is a highly valuable addition for the combined platform. Additionally, the Total Line network fills a void in Zone’s footprint in the Midwest by adding operations in Ohio. 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 excited to join the Zone Climate Services team,” stated Chris Cornet, Founder of Total Line. “We were attracted to Zone’s growth-focused nature and commitment to delivering a best-in-class experience for all stakeholders, including technicians, customers and suppliers. I believe our combined team shares strong cultural alignment and a similar vision for the future. I look forward to working with Henry and the Zone team while continuing to build upon the combined organization’s strong foundation.”
Wind Point is an active investor in the business services sector, with select current investments including Corbett Technology Solutions,, Quantix, Vertex and American Trailer Rental Group (“ATRG”). Total Line represents the first acquisition for Zone Climate Services after partnering with Wind Point in April 2021. Zone will continue to seek strategic acquisition opportunities, with a focus on leading commercial refrigeration, kitchen equipment and HVAC repair service providers.
Honigman served as legal counsel to Zone. Gross & Gross served as legal counsel to Total Line.