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Majority stake Announced Jan 2016

Audax Private Equity acquires Source Refrigeration & HVAC from Arsenal Capital Partners

Relationship map

Relationship map for Audax Private Equity acquires Source Refrigeration & HVAC from Arsenal Capital Partnersbacksparent ofArsenal Capital Partners: Pe FirmArsenal Capital Partn…Audax Private Equity: Pe FirmAudax Private EquityCoolSys (formerly Source Refrigeration & HVAC): PlatformCFCoolSys (formerly Sou…
Pe FirmPlatform

Parties
Acquirer
Audax Private Equity
Pe Firm
Target
CoolSys (formerly Source Refrigeration & HVAC)
Platform
Sponsor
Arsenal Capital Partners
Pe Firm

Market signals

Summary

Audax Private Equity announced it partnered with management to acquire Source Refrigeration & HVAC Inc., a leading independent commercial refrigeration and HVAC services provider, from Arsenal Capital Partners. Terms were undisclosed.