NuCO2 is the sole national provider of fountain beverage carbonation services to hundreds of thousands of restaurant locations via long-term contracts, serving 100% of the top 100 U.S. restaurant chains. Upon installation on NuCO2’s solution, customers are provided a continuous, unprompted supply of CO2 that is safer, more convenient and more economical than the traditional alternative of high pressure cylinders. Carbonated beverages are NuCO2’s customers’ highest margin offerings, and NuCO2’s premium service levels ensure that costly downtime is minimized. During Aurora’s hold period, Michael DeDomenico led NuCO2 as Chairman & CEO.
Date of Investment: May 2008
Headquarters: Stuart, FL