Ares Management acquired CoolSys from Audax

CoolSys, an HVAC contractor, is owned by PE firm Ares Management, which bought it from Audax earlier in the year; Audax had owned CoolSys for three years prior.

“CoolSys is an HVAC contractor owned by PE firm Ares Management. Ares bought CoolSys from Audex, another PE firm, earlier this year. Audex had owned CoolSys for three years before that.”

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