Parts Town acquires PartsXpress
Parts Town, a parts distributor in the commercial food service equipment market, acquired PartsXpress, a commercial food service equipment parts business division of Smart Care Equipment Solutions.
Financial terms were not disclosed. As part of this acquisition, Addison-based Parts Town will become the primary supplier of genuine OEM parts to Smart Care Equipment Solutions' technicians. The acquisition will further expand Parts Town's leadership in supporting field service companies across the globe with the genuine OEM parts they need to deliver field service excellence. Smart Care Equipment Solutions will retain and build on its growing national field service capability, not acquired by Parts Town.
"PartsXpress is an exciting addition to the Parts Town family and will further strengthen the value Parts Town brings to both manufacturers and customers," said Steve Snower, CEO of PT Holdings, parent company of Parts Town.