Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Hiebing’s Refrigeration to Chicagoland Equipment & Supply (“CES”). The acquisition closed May 27, 2021.
Located in DeForest, Wisconsin, Hiebing’s Refrigeration, Inc. (Hiebing’s) was founded in 1984 and rents, sells, and services the highest quality commercial ice making equipment and refrigeration equipment, including Manitowoc, Koolaire, Scotsman, Ice-O-Matic, Hoshizaki, True, Nor-Lake, and Leer equipment. The Company is a factory certified service representative of Manitowoc, Scotsman, Hoshizaki, and Ice-O-Matic and an authorized service representative for True, Leer, Nor-Lake, and Turbo Air for commercial refrigeration equipment.