Parts Town Advances to 75th on Crain’s Chicago Business’ Largest Privately Held Companies List
Company delivers 33% growth in 2021
CHICAGO, June 02, 2022–(BUSINESS WIRE)–Parts Town, the technology innovator and market-leading distributor of OEM foodservice equipment parts, has advanced to become the 75th largest privately held company in Chicago as ranked by Crain’s Chicago Business.
The Largest Privately Held Companies list recognizes the largest private companies in the Chicago area and ranks them by annual revenue and team member growth. Parts Town achieved its rank by reporting over $1.04 billion in revenue in 2021, a 32.8% increase from 2020, as well as an 8.5% increase in locally-based, full-time team members.
“We are proud of Parts Town’s continued growth and momentum,” said Steve Snower, Town Troublemaker, aka CEO, of Parts Town. “Our strong customer and manufacturer partnerships, exceptional team members and an unwavering commitment to our core values have been and continue to be the keys to our success.”
Parts Town has grown rapidly through strong organic growth and more than 20 strategic acquisitions, including REPA Group, a European leader in parts distribution, and Encompass Supply Chain Solutions, a leading national distributor of residential appliance parts, consumer electronic parts, health and wellness parts and other related products. Parts Town has continued to attract and retain talented team members through its unique culture and its generous package of benefits, perks and on-site amenities. Parts Town continues to empower team members through a culture of innovation, driving continued business growth and improving distribution performance through automation.
Parts Town has been honored on the Crain’s Largest Privately Held Companies list multiple times, demonstrating the company’s continued success and momentum. The Crain’s Largest Privately Held Companies list selects and ranks honorees by comparing revenues and full-time team member statistics year over year. Parts Town ranked at the 88th position in 2021.
To learn more about Parts Town, visit www.partstown.com, and follow updates on our LinkedIn, Facebook, and Twitter.
About Parts Town
Parts Town is the leading distributor of genuine OEM (original equipment manufacturer) foodservice equipment parts. When there’s a hiccup in any commercial kitchen, Parts Town is ready to jump in and help with the most in-stock parts on the planet, innovative technology, and an unmatched customer experience. Customized solutions benefit food equipment service companies, chain restaurants, institutions and independent restaurants.
Partnering with the top manufacturers of commercial cooking, refrigeration, ice and beverage equipment, and now offering HVAC and residential appliance replacement parts, Parts Town improves the supply chain, increases sales of genuine OEM parts and keeps every customer’s business running like clockwork. For more information, http://www.partstown.com/.
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