North American Commercial Parts and Service, Inc. ("NACPS") was acquired by Parts Town, headquartered in Addison, Illinois and backed by the private equity firm Summit Partners. Carter Morse & Mathias served as NACPS's exclusive financial advisor for the transaction, which closed on June 1, 2015. Terms of the transaction were not disclosed. NACPS is a leading food equipment parts distribution and field service company. NACPS provides parts, repair and planned preventive maintenance services for thousands of restaurants, hotels, hospitals, school districts, and universities. NACPS has operations in California, Florida, Georgia and the New England area and employs more than 150 people. NACPS maintains relationships with many of the leading restaurant equipment manufacturers and operates factory authorized parts and service centers for select OEMs.
