Ares Management Acquires CoolSys from Audax

Ares Management acquired HVAC contractor CoolSys from Audax Private Equity earlier in 2020. Audax had owned CoolSys for three years prior to the sale.

“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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