Strategic Acquisition Expands Contract Equipment Offering to Hospitality Market
Singer Equipment President and Chief Executive Officer, Fred Singer, announced the acquisition of the foodservice equipment design and distribution business of Facilities Services, Inc. (FSI), located in Annapolis, MD.
Facilities Services, Inc. is a nationally recognized dealer specializing in commercial food service equipment, engineering, custom stainless fabrication, logistics, and project fulfillment. FSI serves the hospitality and lodging industries nationwide for major remodels, renovations and new construction. Kevin Richards will continue as the executive leading the new division which will operate as FSI, a division of Singer MD, LLC. Kevin will report to Rod White, President of Ashland Equipment, a division of Singer MD, LLC.
With the addition of the outstanding team at FSI to our family of companies, we will be able to accelerate the growth and reach of FSI in the hospitality industry. FSI has a reputation for expertise in hotel and lodging foodservice solutions, and this acquisition will give the team even more resources to create solutions for their customers.
“Singer Equipment strives to be the most responsive and knowledgeable foodservice equipment and supplies distributor in the country. FSI is known for a similar focus on delivering outstanding service to its customers. We welcome the FSI team and look forward to growing the business,” said Singer.
“The FSI team looks forward to continued growth with Singer,” said Kevin Richards, President of FSI. “Our customers can expect the same service, attention to detail and personal relationships that have been the hallmark of FSI since our founding in 2003. Being a part of a larger company will allow us to expand our capabilities and reach new customers. Our team is thrilled at the acquisition and excited about our ability to bring new services and resources to our existing customers. We will continue to build on our legacy of design excellence and unparalleled customer service,” said Richards.
Singer Equipment Company, currently the sixth largest foodservice equipment dealer in the United States, is the leading foodservice equipment dealer in the mid-Atlantic market. Singer also provides nationwide service to chain restaurants, hotels and contract feeders. “Singer will continue to look for other strategic acquisitions that enhance our ability to service key markets and customers,” says Singer.
Founded in 1918, Singer is known for its broad inventory, high level of service and excellence in completing new kitchen installation projects. Singer maintains a multi-million-dollar inventory of equipment as well as tabletop, kitchen, disposable and janitorial supplies — over 10,000 items available for immediate delivery. Entrepreneur Partners served as the financial advisor to Singer Equipment.
For more information about Singer Equipment visit their website.