Consolidation trend Jun 2020 · Mid-Atlantic Verified
CoolSys continues PE-backed M&A roll-up (Ares Management)
The Richmond deal is CoolSys's second acquisition in June and second in the Mid-Atlantic in seven months, part of an ongoing M&A growth strategy backed by private equity investor Ares Management.
“the second acquisition the company has made during the month of June as it continues its mergers and acquisitions growth strategy backed by its private equity investor, Ares Management.”
Entities
Ares Management Corporation · Sponsor CoolSys · Platform
HVACRefrigeration
Source: www.achrnews.com
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