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Add-on acquisition · Closed Jun 2024

Southfield Capital-backed RD&S acquires GMS Services (commercial refrigeration)

Relationship map

Relationship map for Southfield Capital-backed RD&S acquires GMS Services (commercial refrigeration)backsparent ofSouthfield Capital: Pe FirmSCSouthfield CapitalRefrigeration Design & Service Inc. (RD&S): PlatformRDRefrigeration Design …GMS Services, LLC: Operating CompanyGSGMS Services, LLC
Operating CompanyPe FirmPlatform

Parties

Target
GMS Services, LLC
Operating Company
Sponsor
Southfield Capital
Pe Firm

Market signals

Summary

Refrigeration Design and Service (RD&S), a portfolio company associated with Kelvin Group and PE firm Southfield Capital, completed the acquisition of GMS Services, a commercial refrigeration and HVAC services provider in Charleston, SC, expanding its Southeast and Great Lakes footprint. Terms were not disclosed.