Audax Private Equity acquires Source Refrigeration & HVAC from Arsenal Capital Partners

Audax Private Equity partnered with management to acquire Source Refrigeration & HVAC from Arsenal Capital Partners. Source is a leading independent provider of commercial refrigeration and HVAC services in North America. Terms were undisclosed.

“BOSTON — Audax Private Equity announced that it has partnered with management to acquire Source Refrigeration & HVAC Inc. from Arsenal Capital Partners. Terms of the transaction were not disclosed.”

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