HoodMart specializes in the design, manufacture and sale of ventilation systems (exhaust hoods) for the large and growing commercial cooking industry. The company manufactures both traditional mounted systems, which tie into the existing HVAC network as well as portable, ventless hoods, which feature replaceable charcoal filters. The company's hoods are manufactured as a complete system and include exhaust fans and fire suppression systems. Through its www.hoodmart.com website, the company was the pioneer of the direct-to-end-user business model for commercial cooking exhaust hoods. By going direct to the end-user, HoodMart is able to avoid heavy dealer markups and thus pass the savings on to its customers. HoodMart's primary customers include individual restaurateurs, small restaurant groups, HVAC installers and smaller commercial kitchens such as those found in convenient stores and office cafeterias.
STATUS
Exited
HQ LOCATION
Ohio
INDUSTRY
Value-Added Distribution
FUND
Junior Capital Fund I
DEAL TEAM
Matt Harnett and Paul Oris
INVESTMENT DATE
03/31/2016
Manufacturer of ventilation systems and exhaust hoods for restaurants, share kitchens, or food trucks
Food & Beverage