Aero Snow, a New York-based snow removal company, has announced the acquisition of Chicago-based snow and ice removal company Tovar Snow Professionals, to create North America´s largest pure play snow and ice removal provider, the company said.
This fragmented market provides the combined company the opportunity to differentiate themselves through exceptional customer service and scale. Together the companies will serve thousands of customers across the country, including the nation´s largest airports, corporate and commercial properties, railroads, and distribution centers, among others. This acquisition will enable the combined company to offer customers more innovative and customized solutions and services.
Aero Snow, a portfolio company of Mill Point Capital, provides diversified municipal and facility maintenance services.
Tovar Snow Professionals is a commercial snowplowing service that specializes in providing services for the Office, Retail and Industrial sectors.
Mill Point Capital LLC is a private equity firm targeting control investments in lower-middle market businesses, with a focus on industrials and business services companies in North America.