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CoolSys Acquires C.E. Holt Refrigeration


Coolsys Acquires C.E. Holt Refrigeration
Coolsys has acquired commercial refrigeration company
C.E. Holt Refrigeration Inc. The acquisition increases Coolsys’ market presence in Virginia, Georgia, North and South Carolina.
“The acquisition of C.E. Holt was our fourth in 2020, all of which were along the East Coast, stretching from South Carolina to Connecticut. This strategic acquisition builds density in the Southeast market and continues our aggressive growth strategy with the goal of becoming a national service provider,” says Coolsys CEO
Adam Coffey.
Business First Bancshares Inc., the holding company for
B1Bank, has acquired
Smith Shellnut Wilson LLC, a registered investment advisor specializing in managing investment portfolios for corporations, foundations and individuals. ....

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Houston's prized do-nut shop acquired by private equity group


Houston s prized donut shop acquired by private equity group
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Shipley Do-Nuts is being acquired by Peak Rock Capital private equity firm.Shipley s
Shipley Do-Nuts, one of Houston s oldest and beloved breakfast eateries, has been sold to an affiliate of Austin-based Peak Rock Capital.
The news comes almost a year and a half after Whataburger was sold to investment holdings firm BDT Capital Partners.
The company announced Wednesday that Peak Rock Capital acquired both Shipley Franchise Co. and Shipley Do-nut Flour & Supply Co. in the deal, according to Houston Business Journal s Olivia Pulsinelli. Amounts were not disclosed.
Shipley s was founded in 1936 by Lawrence Shipley Sr., here in Houston, and the headquarters have remained in Houston since then. The popular doughnut and kolache chain has over 300 locations across nine states. ....

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Peak Rock Capital Affiliate Completes Acquisition of Shipley Do-Nuts


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AUSTIN, Texas, Jan. 6, 2021 /PRNewswire/  An affiliate of Peak Rock Capital ( Peak Rock ), a leading middle-market private investment firm, announced today that it has completed an acquisition of Shipley Franchise Company and Shipley Do-nut Flour & Supply Co. (collectively Shipley Do-Nuts , Shipley or the Company ).
Founded in 1936, Shipley Do-Nuts is a leading quick-service restaurant franchisor.  Shipley has a diverse franchisee and consumer base, with over 300 locations spanning nine states.  Headquartered in Houston, Texas, the Company has built a strong reputation for its do-nuts, kolaches, beverages, and guest service. 
Lawrence Shipley III commented, My grandfather, father, and I have dedicated our lives to serving Shipley Do-Nuts, our franchisees and our guests. After an exhaustive search, it became clear that Peak Rock Capital was the ideal steward of our business as it pursues the next stage of growth. My ....

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