Cold Chain Capital Identifies Roll-Up and Consolidation Opportunities in HVACR

Cold Chain Capital sees significant private equity opportunities in the HVACR industry, citing high fragmentation, GDP+ growth, and margin runway. The firm explicitly welcomes roll-up investments, indicating a consolidation thesis.

“The firm welcomes investments in companies at all stages of their business cycles, including business growth, transformations, turn-arounds (including negative EBITDA or free cash-flow), carve-outs, and roll-ups.”

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