About Empire Equipment
Empire Equipment is an Industrial Goods & Manufacturing company based in Goldsboro (United States) founded in 1985, and was acquired by PNC Riverarch Capital in February 2020. Manufacturer and supplier of foodservice equipment. The company has 123 employees. Empire Equipment has completed 3 acquisitions, including Norm's Refrigeration, PMA and TruTemp Inc. Its focus areas include Food and Agriculture and Foodservice Equipment.
Company details
Empire Equipment manufacturer and supplier of foodservice equipment, focusing on food and agriculture, and foodservice equipment. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Goldsboro, United States
- Employees 123
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Phone•••• ••••
- Website empire-equipment.com
- Social LinkedIn X Facebook
- Acquired by PNC Riverarch Capital (Feb 2020)
- InvestorsStewart Capital Management
& 3 more
- Employee Count123
- Investments & AcquisitionsNorm's Refrigeration
& 2 more
- Acquired by
Funding Insights of Empire Equipment
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of Empire Equipment with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2015 | Private Equity Round | – | – |
4 investors in total: 4 institutional.
Investors in Empire Equipment
Empire Equipment has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Stewart Capital Management, Crescendo Capital Partners and Riverarch Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| stewartcapitalmanagement.com | ||||
Crescendo Capital Partners is engaged in private equity investments. | crescendocp.com | Boulder, United States | ||
Riverarch Equity Partners is focused on private equity investments. | pncriverarch.com | Pittsburgh, United States | ||
Kian Capital is engaged in providing growth capital investments. | kiancapital.com | Atlanta, United States |
Investor details for Empire Equipment
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Empire Equipment
Empire Equipment has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Norm's Refrigeration, PMA and TruTemp Inc.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Kitchen equipment is manufactured for commercial applications. | pmareps.com | Hayward, United States | 1979 | Jun 2019 | •••• | |
Distributor of commercial ice machines, beverage dispensing equipment, filtration systems, and evaporative coolers | trutempinc.com | Phoenix, United States | 1964 | May 2018 | •••• | |
Ice machines, refrigeration equipment, filtration systems, and parts are distributed. | normsrefrigeration.com | Anaheim, United States | 1957 | May 2018 | •••• |
Complete acquisition details for Empire Equipment
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Empire Equipment
7 dated milestones of Empire Equipment across 35 years, from founding to its latest funding, stage changes and deals.
- Founded Empire Equipment is founded.
- Funding First funding round.
- Exit Acquired by Kian Capital.
- Acquisition Acquires Norm's Refrigeration.
- Acquisition Acquires TruTemp Inc.
- Acquisition Acquires PMA.
- Exit Acquired by PNC Riverarch Capital.
Web traffic of Empire Equipment
The website of Empire Equipment (empire-equipment.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 40.9% vs previous month
Top companies in Food Processing & Kitchen Equipment
3 companies that operate in the same segment as Empire Equipment (Food Processing & Kitchen Equipment) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Complete meat processing lines are designed, manufactured, and supplied. | 1894 | Chicago, Illinois, United States | USD 3.79 B | 12,200 | ||
Gas, charcoal, and electric grills with accessories are manufactured. | 1952 | Palatine, Illinois, United States | USD 97.02 K | |||
Cooking oil management services are provided to foodservice operators. | 1999 | Mendota Heights, Minnesota, United States | USD 46.44 M | 1,086 |
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Frequently Asked Questions about Empire Equipment
Empire Equipment was founded in 1985 and raised its 1st funding round 30 years after it was founded.
Empire Equipment is headquartered in Goldsboro, United States. It is registered at Goldsboro, North Carolina, United States.
Empire Equipment has 123 employees.
Empire Equipment manufacturer and supplier of foodservice equipment, focusing on food and agriculture, and foodservice equipment. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
Empire Equipment has made 3 acquisitions, including Norm's Refrigeration, PMA, and TruTemp Inc.
Empire Equipment has 4 investors. Key investors include Stewart Capital Management, Crescendo Capital Partners, Riverarch Equity Partners, and Kian Capital.
Yes. Empire Equipment was acquired by PNC Riverarch Capital in February 2020.