Consolidation trend Mar 2019 · North America Verified
CoolSys plans aggressive acquisition strategy in fragmented refrigeration/HVAC market
Following the Ares investment, CoolSys signaled an aggressive acquisition and expansion strategy in the fragmented refrigeration and HVAC services market, having already completed eight acquisitions in three years and being in active discussions with several 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
Ares Management Corporation · Sponsor CoolSys · Platform
HVACRefrigeration Sentiment: Positive
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