Founded in 1969, Felix Storch, Inc. (“FSI”) is a value-added provider of branded, custom-engineered specialty appliances designed to meet unique size and batch specifications for the residential, healthcare, commercial, and hospitality markets. FSI operates under several recognized appliance brands including Summit Appliance, a leading provider of specialty refrigeration and cooking appliances for residential and commercial applications, and Accucold, which specializes in cold storage equipment for the medical, pharmaceutical, laboratory, and life science industries. FSI’s founding family still runs the business and continues to own a significant stake in the company. The company operates facilities in the Northeast of the United States and leverages its global supply chains to serve the
North American market.
Who we partnered with
65 Equity Partners is partnering with FSI’s long-tenured management team which is led by the CEO Mr. Paul Storch.
What attracted us to the business
FSI’s unique fulfillment model, value-added customization capabilities, and globally diversified supply chains have contributed to their differentiated value proposition and niche market leadership within the specialty appliances industry. FSI is also well positioned to capitalize on secular demand tailwinds for increasingly specialized, purpose-built products across end-markets.
Our value creation strategy
We aim to work closely with the FSI team to enhance organizational growth initiatives across new products, strategic brands, and core end markets.