December 2013 – Metronome Partners, LLC (Metronome) served as exclusive financial advisor to Parts Town, LLC (the Company) in
its sale of a majority equity interest to Summit Partners, a growth equity firm with offices in Boston, Massachusetts, Menlo Park,
California, and London, England. Founded in 2003, Parts Town is the leading national firm focused on the marketing and distribution
of genuine OEM restaurant equipment parts. Additionally, Parts Town provides field service and technical service support.
Metronome worked with the Company’s senior management team to prepare marketing documents, compile diligence materials,
approach potential partners, facilitate investor meetings, and evaluate and negotiate transaction terms.
Steve Snower, CEO of Parts Town, commented, “The Metronome team did a fantastic job. Their hands-on approach and 24/7
availability were critical to the success of our process. Not only did they find us a partner who understands our unique culture and
will help us continue our aggressive growth, but they did it all in less than 90 days.”
Parts Town, LLC is headquartered in Addison, Illinois and also operates equipment service locations throughout Illinois,
Massachusetts, and the Greater St. Louis region. The Company enjoys strong partnerships with over 200 manufacturers of restaurant
equipment and operates the most advanced eCommerce platform in the restaurant parts distribution industry. Parts Town is the fastest
growing distributor in the market.
Metronome Partners is an independent, Chicago and Memphis based M&A advisory firm that specializes in managing, structuring,
and negotiating transactions of varying sizes and complexities in a broad range of industries. With over 200 transactions completed by
Metronome’s principals, the firm guides its clients through critical, value-based corporate finance alternatives, including strategic
sales, recapitalizations, divestitures, and debt and equity placements. The firm focuses on middle-market businesses nationwide,
valued from $30 million to over $500 million.
For additional information regarding Metronome Partners, please visit www.metronomepartners.com, or contact the firm’s Managing
Partners, Jeff Rosenkranz or Randy Karchmer.