Easy Ice Expands Operations with Major Acquisition
Easy Ice, the largest provider of commercial ice machine leases in the nation, has successfully completed another acquisition, further strengthening its market position. This time, the company has taken over the ice machine leasing operations of Credential Leasing & Finance, a move that opens up new opportunities for growth.
Credential Leasing & Finance boasts a rich history, having been established in 1960. It is recognized as one of the oldest privately-owned equipment leasing companies in the country, known for its customer-centered approach. While Easy Ice integrates the ice machine leasing aspect of Credential's business, Credential Leasing will continue to serve its customers with a variety of other equipment leasing options that they are well known for in their respective regions.
This acquisition marks an important step for Easy Ice as it seeks to enhance its presence in the Washington D.C., Baltimore, and Philadelphia markets. The added density in these regions will allow Easy Ice to serve more businesses and provide superior ice leasing services to a wider audience.
Strategic Growth Through Seamless Integration
Commenting on the strategic acquisition, Daren Boruff, Chief Acquisitions Officer at Easy Ice, expressed enthusiasm about the integration. He stated, "We are extremely excited to add growth to this area. Integrating Credential's operations into ours will be a huge step for Easy Ice in this region, allowing us to significantly expand our reach and give more businesses the superior service that Easy Ice offers. We look forward to more customers getting their ice the Easy Way!" This sentiment showcases Easy Ice's commitment to enhancing service delivery and expanding its footprint.
The transition for customers of Credential Leasing & Finance is set to be seamless. They will join Easy Ice’s growing roster of satisfied customers across the nation, thereby benefiting from the efficiencies and conveniences that Easy Ice is known to provide. This commitment to a smooth transition is a hallmark of Easy Ice’s operational philosophy.
About Easy Ice and Its Innovative Business Model
Founded in 2009, Easy Ice revolutionized the way businesses approach their ice supply needs. By shifting the focus from ice machine ownership to a managed leasing solution, Easy Ice has helped companies save on costs while ensuring they have access to reliable ice supplies. Currently, with over 35,000 machines managed across 47 states, Easy Ice has made affordable ice machine leasing a reality for thousands of businesses.
With a focus on customer satisfaction, Easy Ice continuously improves its services and expands its reach. The company seeks to remain the go-to provider for businesses looking to simplify and enhance their ice supply requirements.
Looking Ahead: Future Growth Prospects
The decision to acquire Credential's operations is not merely a move to increase market share; it is part of a larger strategy to continually improve service and accessibility for customers. Easy Ice aims to lead the market by investing in expansions that will enable them to cater to more businesses efficiently and effectively. The positive impact of this acquisition will also foster job creation and support local economies within the newly accessed markets.
Frequently Asked Questions
What is Easy Ice?
Easy Ice is the largest provider of commercial ice machine leases in the United States, providing managed leasing solutions.
What recent acquisition did Easy Ice make?
Easy Ice recently acquired the ice machine leasing operations of Credential Leasing & Finance, enhancing its service delivery in key markets.
How does the acquisition benefit customers?
The acquisition will allow Easy Ice to provide enhanced services and a broader reach, ensuring customers receive superior ice solutions.
When was Easy Ice founded?
Easy Ice was founded in 2009 and has quickly grown to manage over 35,000 machines across the United States.
What are the future plans for Easy Ice?
Easy Ice plans to continue its growth strategy by acquiring more operations that can enhance its service network and provide better solutions to businesses.
