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Add-on acquisition · Closed Mar 2013

Arsenal Capital portfolio company Source Refrigeration & HVAC acquires TP Electrical

Relationship map

Relationship map for Arsenal Capital portfolio company Source Refrigeration & HVAC acquires TP Electricalbacksparent ofArsenal Capital Partners: Pe FirmArsenal Capital Partn…Source Refrigeration & HVAC: PlatformSRSource Refrigeration …TP Electrical: Operating CompanyTETP Electrical
Operating CompanyPe FirmPlatform

Parties
Acquirer
Source Refrigeration & HVAC
Platform
Target
TP Electrical
Operating Company
Sponsor
Arsenal Capital Partners
Pe Firm

Summary

Source Refrigeration & HVAC, a portfolio company of Arsenal Capital Partners, acquired TP Electrical, a Southeast electrical/EMS contractor, as a tuck-in to its PE-backed commercial refrigeration and HVAC services platform.