Houlihan Lokey Advises 65 Equity Partners

Transaction: 65 Equity Partners - Felix Storch, Inc.

Houlihan Lokey is pleased to announce that 65 Equity Partners has partnered with Felix Storch, Inc. (FSI), through the acquisition of a minority interest in FSI. FSI is the controlling company of the Summit Appliance and Accucold brands.

Founded in 1969, Summit Appliance is a leading provider of specialty refrigeration and cooking appliances for residential and commercial applications. The Accucold brand specializes in cold storage equipment for the medical, pharmaceutical, laboratory, and life science industries. Additional FSI brands include MOMCUBE for specialty breast milk storage, BeautiFridge cosmetics refrigeration, and PURETHERM medical blanket warmers. The family-owned and operated manufacturing company serves the North American market through its New York and New Jersey-based manufacturing and operating facilities.

65 Equity Partners is a global investment firm that seeks to support founders in their growth journey, with a mandate to invest in founder-owned and entrepreneur-led businesses in Southeast Asia, Europe, and the United States across the technology, business services, consumer, industrial, and healthcare sectors. Backed by Temasek, 65 Equity Partners has $3.3 billion in funds under management.

Houlihan Lokey served as the buyside advisor to 65 Equity Partners on the acquisition of a minority interest in FSI.

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