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Consolidation trend Mar 2019 · North America Verified

CoolSys plans aggressive acquisition strategy in fragmented HVACR market

Backed by Ares, CoolSys intends to pursue a more aggressive acquisition and expansion strategy in the fragmented refrigeration and HVAC services market, building on eight acquisitions over the prior three years; it is in active discussions with several potential acquisition targets.

“Now, with Ares’ additional support and resources, we can pursue a more aggressive acquisition and expansion strategy while we continue to deliver best-in-class solutions for our customers’ mission–critical refrigeration and HVAC systems throughout North America.”

Entities

HVACRefrigeration Sentiment: Positive

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