CoolSys acquires Richmond Refrigeration (Ares-backed roll-up)

CoolSys, backed by PE firm Ares Management, acquired Richmond Refrigeration Service, its second Mid-Atlantic acquisition in seven months and second in June, continuing its M&A growth strategy.

“This is the second acquisition made by CoolSys in the Mid-Atlantic region in the past seven months, and the second acquisition the company has made during the month of June as it continues its M&A growth strategy backed by its private equity investor, Ares Management.”

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