Strategic Partnership and Merger Create Leading Service Provider in HVAC and Foodservice Equipment

Strategic Partnership Between Day & Nite and Alvarez & Marsal Capital

In a significant development in the HVAC and foodservice equipment sectors, the Day & Nite family of companies has announced a strategic partnership with Alvarez & Marsal Capital, also known as A&M Capital. This alliance is marked by the merger with AmeriServe, a leading provider specializing in installation, repair, and maintenance services for kitchen and HVAC/R systems. This merger creates a new entity, Day & Nite AmeriServe, designed to enhance service delivery across various sectors, including healthcare, institutions, and restaurant groups, primarily along the East Coast, Southeast, and Texas.

Matthew Sher, the CEO of Day & Nite, will lead the newly formed platform, which aims to elevate service levels and operational efficiency while introducing innovative solutions to its clientele. With the backing of A&M Capital, Day & Nite AmeriServe is set to expand its operations, enabling them to serve a broader geographic area and thus catering to customers' Nationwide demands. This move reflects a strong commitment to quality, reliability, and innovative service delivery, setting a high standard within the industry.

Expanding Horizons: The Vision Behind the Merger

"I could not be more thrilled to combine these two incredible entities to provide the market with the ultimate service offering," said Sher. The merging of Day & Nite's extensive experience and geographic reach with AmeriServe's specialized services and skilled technicians brings a unique value proposition to the industry. This strategic combination positions Day & Nite AmeriServe as a leading resource for prominent clients, ensuring unmatched service quality and customer satisfaction.

David Perskie, a partner at A&M Capital, commented on the merger's strategic significance. He elaborated on their pursuit of this transaction over several years, emphasizing their excitement to support Day & Nite's growth objectives. The combination creates a strong platform within an appealing sector, designed to deliver mission-critical services to its customers, especially in recession-resilient businesses.

Jack McCarthy, Co-Founder of A&M Capital, echoed this sentiment, noting that Day & Nite AmeriServe offers essential characteristics for success in challenging economic environments. Their extensive experience in the commercial facilities services sector further solidifies the anticipated growth prospects associated with this partnership.

Day & Nite AmeriServe: A Comprehensive Approach to Service

The merger results in the creation of a premier service provider across a variety of commercial landscapes. Day & Nite AmeriServe stands out due to its comprehensive service range that includes installation, servicing of HVAC/R systems, and commercial cooking equipment. The company's longstanding commitment to quality service delivery is underpinned by a team of over 300 expert technicians, dedicated to providing technology-enabled services tailored to diverse customer needs.

Founded in 1976, Day & Nite AmeriServe has continually strived to set industry standards and deliver exceptional service through preventive maintenance plans, electrical and plumbing capabilities, and more. Their approach is characterized by ongoing innovation and the incorporation of advanced technological solutions aimed at enhancing customer experiences.

Looking Forward: New Opportunities Ahead

As Day & Nite AmeriServe embarks on this new journey, the support from A&M Capital presents significant opportunities for not just expanding their geographic footprint, but also for reaching new markets. This strategic merger is set to establish a formidable presence in the HVAC and foodservice industries, fostering improved service delivery and operational excellence.

In conclusion, the merger of Day & Nite and AmeriServe, backed by A&M Capital, exemplifies a forward-thinking approach to business in a sector that is not only resilient but critical for various industries. This development will undoubtedly reshape expectations in the HVAC and foodservice equipment services field, while providing an exceptional experience for their clientele.