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

Audax Private Equity, partnering with management, agreed to acquire commercial refrigeration and HVAC services provider Source Refrigeration & HVAC from Arsenal Capital Partners in an undisclosed secondary buyout.

“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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