BROCKVILLE, Ont. — Blue Point Capital and its portfolio company Russell Hendrix recently announced their acquisition of Guitech Services. The Montreal-based company specializes in maintenance, repair, parts and services for Quebec’s foodservice equipment market. Guitech Services has been operating for more than 40 years, repairing and maintaining commercial kitchen equipment, including dishwashers, ovens, fryers and refrigeration and HVAC equipment.
“Upon merging Canada’s two largest foodservice equipment dealers, Russell Food Equipment and Hendrix Hotel & Restaurant Equipment & Supplies, into Russell Hendrix in November 2016, our coast-to-coast network is strategically positioned to add Guitech’s maintenance and repair expertise in the second largest market in Canada,” says Mark Morris, a partner with Blue Point. “We are excited to participate in the next phase of growth at Russell Hendrix and expand on the expertise and resources available to our customers.”
Guitech’s co-owner Maxime Larouche will be joining the newly formed Russell Hendrix. “Guitech has enjoyed a longstanding partnership with Russell Food Equipment over the years,” she says. “We look forward to providing the same great service our customers have come to expect.”
“The Russell Hendrix commitment is to grow our business and maintain impeccable quality, reliability and customer service standards,” adds Larry Vander Baaren, CEO of Russell Hendrix. “The acquisition of Guitech will enhance our existing parts and services coverage and ensure our customers’ needs and expectations are exceeded.”