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Deal announced Sep 2025 · United States Verified

AeriTek Announces Acquisition of Due North

AeriTek Global Holdings LLC, a portfolio company of Mill Point Capital, announced the acquisition of Minus Forty QBD Corp. (Due North). The deal aims to create a scaled global platform in retail refrigeration by combining AeriTek's existing portfolio with Due North's brands QBD and Minus Forty.

“AeriTek Global Holdings LLC (“AeriTek”), a portfolio company of Mill Point Capital LLC (“Mill Point Capital”), announced today the acquisition of Minus Forty QBD Corp. (“Due North”), a leading manufacturer of commercial refrigeration solutions serving customers across the United States and Canada.”

Entities

AeriTek Global Holdings LLC · Acquirer Mill Point Capital LLC · Sponsor Minus Forty QBD Corp. · Target
Refrigeration Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.