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Majority stake · Closed Feb 2020

Ares Management Acquires CoolSys from Audax

Relationship map

Relationship map for Ares Management Acquires CoolSys from Audaxparent ofAres Management Corporation: Pe FirmAMAres Management Corpo…CoolSys (formerly Source Refrigeration & HVAC): PlatformCFCoolSys (formerly Sou…
Pe FirmPlatform

Parties
Acquirer
Ares Management Corporation
Pe Firm
Target
CoolSys (formerly Source Refrigeration & HVAC)
Platform

Market signals

Summary

Ares Management acquired HVAC contractor CoolSys from Audax Private Equity earlier in 2020. Audax had owned CoolSys for three years prior to the sale.