CoolSys acquires Eastern Refrigeration, backed by PE investor Ares Management

CoolSys, backed by private equity investor Ares Management, acquired Eastern Refrigeration, a commercial refrigeration and HVAC installer/servicer, expanding its presence in the Northeast and relaunching its nationwide M&A growth strategy.

“CoolSys announced that it has acquired Eastern Refrigeration. With this acquisition, CoolSys further expands its growing market presence in the Northeast region and resumes its nationwide expansion in the wake of the COVID-19 pandemic with the backing of its private equity investor, Ares Management.”

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