North American Kitchen Solutions Acquires Stainless Specialties

North American Kitchen Solutions Acquires Stainless Specialties

North American Kitchen Solutions, Inc. ("NAKS"), a notable manufacturer in the foodservice equipment industry, has announced the acquisition of Stainless Specialties, Inc. ("SSI"), a company recognized for its high-quality stainless-steel fabrication for commercial use.

Transaction Snapshot

  • Deal Value: N/A
  • Deal Type: Acquisition
  • Deal Date: November 21, 2023
  • Investors: N/A
  • Founders: N/A

Stainless Specialties, Inc., established in 1993 in Eastlake, OH, is renowned for its production of NSF-listed stainless-steel products including countertops, tabletops, worktables, and sinks, catering to the restaurant and food service sectors. Their commitment to quality and aesthetics in custom-fabricated solutions has positioned them as an industry leader.

This acquisition marks NAKS' third production facility, following their 2021 acquisition of Lane Mechanical Inc., a Georgia-based stainless-steel custom fabrication company. The integration of SSI into NAKS is expected to enhance the company's custom fabrication capacity and establish a premier manufacturing hub for commercial restaurant equipment.

Sacha Polakoff, President & CEO of NAKS, expressed enthusiasm about the acquisition, highlighting the strategic benefits of SSI's production capabilities and the talent it brings to the NAKS family. This move aims to unify the best in the custom fabrication segment and improve product offerings to customers.

About North American Kitchen Solutions (NAKS)

Founded in 1987, NAKS, along with its subsidiary HoodMart, specializes in designing and manufacturing ventilation systems and custom-fabricated workspaces for the commercial cooking industry. Their product range includes advanced ventilation systems, exhaust fans, supply fans, fire suppression systems, ductwork, and accessories. NAKS is active on LinkedIn.

About Valesco Industries

Valesco, a private equity firm based in Dallas, Texas, focuses on investments in small- to lower-middle-market businesses in manufacturing, distribution, and business-to-business services. They are committed to partnering with management teams to support growth objectives, leveraging their experience as long-term industry veterans.

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