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CoolSys

Verified

Platform

CoolSys logo
US Website
ElectricalHvacPlumbingRefrigeration

Headquarters: US (outside the US map).

Ownership map

Ownership links are documented, evidence-gated edges, shown as reported by their sources. Naming a company is not an accusation against it. See our methodology and legal notes.

Ownership map for CoolSysDivestedDivestedFormerly Known AsPart Ofbacked bybacked bybacked bybacked bybacked bybacked byparent ofparent ofrolled up intorolled up intoABC Refrigeration & HVAC: Operating CompanyABC Refrigeration & H…Agape Mechanical: Operating CompanyAMAgape MechanicalAres Management Corporation: Pe FirmAMAres Management Corpo…Arjae HVAC and Mechanical Services: Operating CompanyAHArjae HVAC and Mechan…Arsenal Capital Partners: Pe FirmArsenal Capital Partn…Audax Group: Pe FirmAGAudax GroupAudax Private Equity: Pe FirmAudax Private EquityAxiom Energy Solutions: Operating CompanyAEAxiom Energy SolutionsBRR Refrigeration: Operating CompanyBRR RefrigerationBuilding Air Services: Operating CompanyBABuilding Air ServicesC.E. Holt Refrigeration: Operating CompanyCEC.E. Holt Refrigerati…CMS: PlatformCMCMSCarolina Refrigeration Services Inc: Operating CompanyCRCarolina Refrigeratio…Certified Refrigeration and Mechanical, Inc.: Operating CompanyCRCertified Refrigerati…Convergint Technologies: PlatformCTConvergint Technologi…CoolSys: PlatformCoolSysCoolSys (formerly Source Refrigeration & HVAC): PlatformCFCoolSys (formerly Sou…Distribution International Inc.: PlatformDIDistribution Internat…Duquette Refrigeration: Operating CompanyDRDuquette RefrigerationEastern Refrigeration: Operating CompanyEastern RefrigerationEnergy Squared LLC: Operating CompanyESEnergy Squared LLCLima Company: Operating CompanyLCLima CompanyMechanical Engineering & Construction Corporation: Operating CompanyMEMechanical Engineerin…Meridian Adhesives Group: PlatformMAMeridian Adhesives Gr…PremiStar: PlatformPRPremiStarReedy Industries: PlatformRIReedy IndustriesRensa Filtration: PlatformRFRensa FiltrationRichmond Refrigeration Service: Operating CompanyRRRichmond Refrigeratio…Ron's Refrigeration & HVAC LLC: Operating CompanyRSRon's Refrigeration &…Smart Care Equipment Solutions: PlatformSCSmart Care Equipment …Source Refrigeration & HVAC: PlatformSRSource Refrigeration …T&O Refrigeration: Operating CompanyTOT&O RefrigerationTRS-SESCO: Operating CompanyTRS-SESCOTech Mechanical: Operating CompanyTech MechanicalThermal Resource Sales and Supermarket Environment Services Company: Operating CompanyTRThermal Resource Sale…Thermal Resource Sales and Supermarket Environment Services Company (TRS-SESCO): Operating CompanyTRThermal Resource Sale…Thermogenics Inc.: PlatformTIThermogenics Inc.Triangle Refrigeration: Operating CompanyTriangle RefrigerationUniversal Refrigeration Inc.: Operating CompanyUniversal Refrigerati…
Operating CompanyPe FirmPlatform

Ownership

Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.

Market signals

Acquisition history

Acquisition timeline201720182019202020212022202320242017 · Add-on acquisition → Certified Refrigeration and Mechanical, Inc.2018 · Add-on acquisition → Axiom Energy Solutions2018 · Add-on acquisition → Ron's Refrigeration & HVAC LLC2019 · Add-on acquisition → ABC Refrigeration & HVAC (verified)2019 · Add-on acquisition → Agape Mechanical (verified)2019 · Add-on acquisition → Arjae HVAC and Mechanical Services (verified)2019 · Add-on acquisition → BRR Refrigeration2019 · Add-on acquisition → Building Air Services (verified)2019 · Add-on acquisition → Tech Mechanical (verified)2020 · Add-on acquisition → Carolina Refrigeration Services Inc (verified)2020 · Add-on acquisition → Eastern Refrigeration (verified)2020 · Add-on acquisition → Richmond Refrigeration Service (verified)2021 · Add-on acquisition → C.E. Holt Refrigeration (verified)2021 · Add-on acquisition → Duquette Refrigeration (verified)2021 · Add-on acquisition → T&O Refrigeration (verified)2021 · Add-on acquisition → Triangle Refrigeration (verified)2021 · Add-on acquisition → TRS-SESCO2023 · Add-on acquisition → Lima Company (verified)2024 · Add-on acquisition → ABC Refrigeration & HVAC2024 · Add-on acquisition → Arjae HVAC and Mechanical Services2024 · Add-on acquisition → Building Air Services2024 · Add-on acquisition → C.E. Holt Refrigeration2024 · Add-on acquisition → Mechanical Engineering & Construction Corporation2024 · Add-on acquisition → Triangle Refrigeration2024 · Add-on acquisition → Universal Refrigeration Inc. (verified)
25 recorded deals, 2017–2024verifiedunverified

Acquisition footprint

US acquired companies by state Alaska: no recorded acquired companies Alabama: no recorded acquired companies Arkansas: no recorded acquired companies Arizona: no recorded acquired companies California: no recorded acquired companies Colorado: no recorded acquired companies Connecticut: no recorded acquired companies District of Columbia: no recorded acquired companies Delaware: no recorded acquired companies Florida: 2 acquired companies Georgia: no recorded acquired companies Hawaii: no recorded acquired companies Iowa: no recorded acquired companies Idaho: no recorded acquired companies Illinois: no recorded acquired companies Indiana: no recorded acquired companies Kansas: no recorded acquired companies Kentucky: no recorded acquired companies Louisiana: no recorded acquired companies Massachusetts: no recorded acquired companies Maryland: no recorded acquired companies Maine: no recorded acquired companies Michigan: no recorded acquired companies Minnesota: 1 acquired companies Missouri: no recorded acquired companies Mississippi: no recorded acquired companies Montana: no recorded acquired companies North Carolina: 2 acquired companies North Dakota: no recorded acquired companies Nebraska: no recorded acquired companies New Hampshire: no recorded acquired companies New Jersey: no recorded acquired companies New Mexico: no recorded acquired companies Nevada: no recorded acquired companies New York: 2 acquired companies Ohio: no recorded acquired companies Oklahoma: no recorded acquired companies Oregon: no recorded acquired companies Pennsylvania: no recorded acquired companies Rhode Island: no recorded acquired companies South Carolina: no recorded acquired companies South Dakota: no recorded acquired companies Tennessee: no recorded acquired companies Texas: no recorded acquired companies Utah: no recorded acquired companies Virginia: 1 acquired companies Vermont: no recorded acquired companies Washington: 1 acquired companies Wisconsin: 3 acquired companies West Virginia: no recorded acquired companies Wyoming: no recorded acquired companies
  1. 1. Wisconsin 3
  2. 2. Florida 2
  3. 3. North Carolina 2
  4. 4. New York 2
  5. 5. Minnesota 1
  6. 6. Virginia 1
  7. 7. Washington 1
1–4 5–14 15–39 40–79 80+ no recorded acquired companies
Where the brands CoolSys acquired are headquartered, by US state. A count of targets, not a market-share claim.

Deals

Majority stake Mar 2019
Verified

Ares Management acquires CoolSys from Audax

Ares Management Corporation → CoolSys
Add-on acquisition Mar 2019
Verified

CoolSys acquires ABC Refrigeration & HVAC, entering the Northeast

CoolSys → ABC Refrigeration & HVAC
Add-on acquisition Jan 2024

CoolSys acquired ABC Refrigeration & HVAC (2019)

CoolSys → ABC Refrigeration & HVAC
Add-on acquisition Aug 2019
Verified

CoolSys acquires Agape Mechanical, expanding Midwest light-commercial division

CoolSys → Agape Mechanical
Add-on acquisition Jan 2019
Verified

CoolSys acquires Arjae HVAC and Mechanical Services

CoolSys → Arjae HVAC and Mechanical Services
Add-on acquisition Jan 2024

CoolSys acquires Arjae HVAC and Mechanical Services

CoolSys → Arjae HVAC and Mechanical Services
Add-on acquisition May 2018

CoolSys acquires Axiom Energy Solutions

CoolSys → Axiom Energy Solutions
Add-on acquisition Dec 2019

CoolSys acquires BRR Refrigeration in Virginia

CoolSys → BRR Refrigeration
Add-on acquisition Oct 2019
Verified

CoolSys acquires Building Air Services, expanding Southeast HVAC/R footprint

CoolSys → Building Air Services
Add-on acquisition Jan 2024

CoolSys acquires Building Air Services

CoolSys → Building Air Services
Add-on acquisition Jan 2021
Verified

CoolSys acquires C.E. Holt Refrigeration (4th 2020 add-on, Southeast density)

CoolSys → C.E. Holt Refrigeration
Add-on acquisition Jun 2024

CoolSys prior acquisition of C.E. Holt Refrigeration referenced

CoolSys → C.E. Holt Refrigeration
Add-on acquisition Sep 2020
Verified

CoolSys acquires Carolina Refrigeration Services

CoolSys → Carolina Refrigeration Services Inc
Add-on acquisition Oct 2017

CoolSys (Audax PE) acquires Certified Refrigeration and Mechanical, entering Wisconsin

CoolSys → Certified Refrigeration and Mechanical, Inc.
Add-on acquisition Apr 2021
Verified

CoolSys acquires Duquette Refrigeration

CoolSys → Duquette Refrigeration
Add-on acquisition Jun 2020
Verified

CoolSys acquires Eastern Refrigeration, backed by PE investor Ares Management

CoolSys → Eastern Refrigeration
Add-on acquisition Aug 2023
Verified

CoolSys acquires Lima Co.

CoolSys → Lima Company
Add-on acquisition Oct 2024

CoolSys acquires Mechanical Engineering & Construction Corporation

CoolSys → Mechanical Engineering & Construction Corporation
Add-on acquisition Jun 2020
Verified

CoolSys acquires Richmond Refrigeration Service (Ares-backed add-on)

CoolSys → Richmond Refrigeration Service
Add-on acquisition Sep 2018

CoolSys acquires Ron's Refrigeration & HVAC (Wisconsin)

CoolSys → Ron's Refrigeration & HVAC LLC
Add-on acquisition Aug 2021
Verified

CoolSys acquires T&O Refrigeration (Southeast add-on)

CoolSys → T&O Refrigeration
Add-on acquisition Dec 2019
Verified

CoolSys acquires Tech Mechanical, expanding into Michigan

CoolSys → Tech Mechanical
Add-on acquisition Nov 2021
Verified

CoolSys acquires Triangle Refrigeration, expanding Northeast/Mid-Atlantic footprint

CoolSys → Triangle Refrigeration
Add-on acquisition Jan 2024

Triangle Refrigeration acquired by CoolSys

CoolSys → Triangle Refrigeration
Add-on acquisition May 2021

CoolSys acquires TRS-SESCO

CoolSys → TRS-SESCO
Add-on acquisition Jun 2024
Verified

CoolSys acquires Universal Refrigeration Inc. to expand in the Pacific Northwest

CoolSys → Universal Refrigeration Inc.