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Deal closed Feb 2020 Verified

Ares Management Acquires CoolSys from Audax

Ares Management acquired CoolSys, an HVAC contractor, from Audax Private Equity 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.”

Entities

HVAC Sentiment: Neutral

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.