Duco Capital partners with Joe Johnson to acquire Shamrock Group
Duco Capital Partners with Joe Johnson to Acquire Shamrock Group
Minneapolis, MN – January 21st, 2025 – Duco Capital is pleased to announce a strategic partnership with Joe Johnson to acquire Shamrock Group, a leading packaged ice manufacturer and restaurant services business in the Twin Cities. The acquisition closed October 29th, 2024.
Shamrock Group will benefit from Duco Capital’s expertise in the restaurant services space and Joe Johnson’s vision for growth and innovation. This acquisition represents a key milestone in Duco Capital's ongoing strategy of investing in high-performing companies with strong leadership and growth potential.
“We are thrilled to partner with Joe Johnson and the Shamrock Group team to operationalize this business to better support our customers,” said Caleb Schmidt, Partner at Duco Capital. “Joe’s extensive experience and strong business acumen will be invaluable as we support him to unlock new opportunities for Shamrock Group, enhance its operations, and expand its reach.”
Joe Johnson expressed excitement about the partnership, stating, “This partnership represents a major step forward for our company as we continue to make significant investments in our team, technology, and infrastructure to further our mission and better serve our customers. Together with the Duco team, we can pursue new opportunities for growth, deliver greater value to our customers, and set a new standard for excellence in the industry.”
The acquisition of Shamrock Group is a testament to Duco Capital’s commitment to identifying and investing in high-quality businesses and people. The combined resources of Duco Capital and Joe Johnson’s expertise will create significant value for Shamrock Group, its employees, and its customers.
About Duco Capital:
Duco Capital is an independent sponsor specializing in strategic investments in the manufacturing sector. With a proven track record of successful acquisitions and operational improvements, Duco Capital partners with business owners and strong management teams to enhance business performance and drive sustainable growth.
About Shamrock Group:
Shamrock Group is a leading packaged ice manufacturer and restaurant services business in the Twin Cities market. With a strong reputation for excellence and customer service, Shamrock Group continues to grow as a trusted partner for Twin Cities restaurants.
For further information, please contact:
Caleb Schmidt
Partner, Duco Capital
Email: Caleb@ducocapital.com
