Ares Management acquires CoolSys from Audax

CoolSys, an HVAC contractor, was bought by Ares Management from Audax (a prior PE owner of three years) earlier in the year.

“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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