Los Angeles-based firm Leonard Green & Partners, L.P. joins Berkshire Partners as investors in distributor of OEM foodservice equipment parts.
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Run by its innovation division, Red Lightning Group, the e-commerce platform aims to improve supply chain, grow OEM and bring in new verticals for the food service distributor.
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With the new marketplace, Parts Town is branching out into new verticals such as HVAC, janitorial, water filtration and technician supplies.
Parts Town and Davisware jointly develop PartsPath to automate and streamline the entire parts purchasing process.
