Day & Nite Family Unites with AmeriServe and A&M Capital
The Day & Nite family of companies is thrilled to share its newest venture. This strategic partnership with Alvarez & Marsal Capital and the merger with AmeriServe marks a significant milestone in the company's journey. This exciting new platform, Day & Nite AmeriServe, positions them as a frontrunner in the HVAC, refrigeration, and foodservice equipment industry.
Creating a New Industry Leader
The newly formed Day & Nite AmeriServe will be under the leadership of Matthew Sher, who serves as the CEO. This collaboration is set to enhance the quality of services provided to clients in various sectors, such as corporations, restaurant groups, institutions, and healthcare organizations across various regions, including the East Coast and Texas.
Commitment to Quality Service
Matthew Sher, the CEO of Day & Nite AmeriServe, expressed his enthusiasm about this merger. He stated, "The combination of Day & Nite's extensive experience and AmeriServe's dedicated team will create a unique service offering in the marketplace." This partnership is not just a merging of resources but a uniting of visions to enhance service delivery.
Expansion Plans for Day & Nite AmeriServe
The partnership will enable Day & Nite AmeriServe to expand its footprint into new areas, thereby increasing its service capacity. The aim is to meet the growing needs of customers nationwide while maintaining the company’s unwavering commitment to quality and consistency.
A&M Capital's Role in This Partnership
A&M Capital plays a pivotal role in this partnership. Their investment is aimed at propelling the platform's growth and geographical reach. David Perskie, a partner at A&M Capital, stated, "We are excited to support the Sher family in their vision and growth objectives. We believe that by merging Day & Nite with AmeriServe, we create exceptional opportunities that will reshape the competitive landscape of the industry.
Resilience and Growth Potential
Jack McCarthy, co-founder of A&M Capital, highlighted the resilience of the business model. He noted that the characteristics of Day & Nite AmeriServe are attractive, emphasizing their commitment to providing mission-critical services that are essential during any economic environment.
About Day & Nite AmeriServe
Day & Nite AmeriServe stands as a premier service provider in the commercial landscape, specializing in foodservice equipment and HVAC solutions. With a rich history that dates back to the mid-1970s, the company continues to thrive and adapt to modern demands.
Commitment to Innovation
Employing over 300 technicians, Day & Nite AmeriServe is committed to delivering exceptional service and industry-leading solutions. Their service offerings include installation and maintenance of HVAC/R systems, commercial cooking equipment, and comprehensive preventive maintenance plans.
The Future of Day & Nite AmeriServe
With this merger, Day & Nite AmeriServe is set to redefine standards within the industry. The combined expertise and resources promise a bright future filled with opportunities for innovation and unparalleled service to thousands of commercial customers.
Frequently Asked Questions
What is Day & Nite AmeriServe?
Day & Nite AmeriServe is a merged entity of Day & Nite and AmeriServe, focused on providing HVAC and foodservice equipment services.
Who will lead Day & Nite AmeriServe?
Matthew Sher has been appointed the CEO of Day & Nite AmeriServe, leading the combined platform.
What markets does Day & Nite AmeriServe serve?
The company serves various sectors, including healthcare, institutions, and restaurant groups across the East Coast and Texas.
What is the aim of the merger?
The merger aims to enhance service capabilities and expand geographical reach while maintaining high standards of quality and reliability.
Who invested in the merger?
A&M Capital is the strategic partner that has invested in the merger, helping to support growth and expansion objectives.