General Parts Group, Acquires Ron’s Hotel and Restaurant Equipment Service, Inc.

Bloomington, MN. October 8, 2015

General Parts, L.L.C., a leading service provider and parts distributor to the commercial foodservice industry are pleased to announce the acquisition of Ron’s Hotel and Restaurant Equipment Service, Inc. located in Portland, OR. The transaction closed on October 8, 2015. Terms of the transaction are undisclosed.

“The acquisition of Ron’s Service is an exciting opportunity for us to expand our business into a new region of the country with a highly respected company, and represents another step in our fulfilling our national strategy,” said Bruce Hodge, President of General Parts.

Since 1946, Ron’s Service has been providing quality restaurant equipment service, planned maintenance and installation programs for thousands of restaurants, hotels, hospitals, school districts, and universities throughout the greater Northwest. They have maintained long term relationships with most of the leading restaurant equipment manufacturers and carry a substantial inventory of genuine O.E.M. equipment manufacturer parts for distribution. Ron’s Service currently has offices in Portland, OR; Medford, OR; and Boise, ID, which operate as factory authorized parts and service centers for select foodservice equipment manufacturers.

The company will operate as Ron’s Service a Division of General Parts and will retain its existing management team with the exception of Owner Tim Foley who plans to retire.

About General Parts Group

General Parts Group is a provider of commercial kitchen equipment repair services. Founded in 1939, the company has grown to be a distributor of O.E.M. parts and provides service for over 36,000 customers and 400 manufacturers of commercial foodservice equipment. Corporate headquarters are located in Minneapolis, Minnesota and with major branch operations strategically located in Arizona(2), Colorado, Florida, Illinois, Indiana(2), Iowa, Kansas, Kentucky, Missouri, Nebraska, North Dakota, Oklahoma, Tennessee, and Wisconsin(3), we are ideally positioned to provide Quality Service for over one third of the United States. We are viewed as the market leader in most of the markets we serve and in terms of overall sales, General Parts Group ranks in the top five of independent service companies nationally.