Varagon Capital Partners (Varagon) announced it is serving as Administrative Agent and Joint Lead Arranger on a senior secured credit facility to support the acquisition of Easy Ice, LLC (Easy Ice) by Freeman Spogli & Co.
Founded in 2009 and co-headquartered in Phoenix, AZ and Marquette, MI, Easy Ice provides ice machine rental and related services for more than 25,000 ice makers across 47 states. Easy Ice is the only national platform offering a comprehensive subscription service for commercial ice machines that includes installation, cleaning, preventive maintenance, repairs, backup ice, and peak demand ice. This full-service offering allows Easy Ice’s customers to outsource this mission-critical function