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Consolidation trend Jun 2020 · Mid-Atlantic Verified

CoolSys executes Ares-backed M&A roll-up strategy

The Richmond deal is explicitly described as CoolSys' continued M&A growth strategy backed by private equity investor Ares Management, with multiple acquisitions in the Mid-Atlantic.

“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 mergers and acquisitions growth strategy backed by its private equity investor, Ares Management.”

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