CoolSys relaunches M&A roll-up strategy to become national service provider

CoolSys framed the Eastern Refrigeration deal as a relaunch of its M&A growth strategy and a step toward becoming a national, full-spectrum refrigeration and HVAC service provider, indicating ongoing buy-and-build consolidation.

““CoolSys is excited to relaunch our M&A growth strategy with the acquisition of Eastern Refrigeration. This acquisition is another key step in fulfilling our vision of becoming a national service provider that offers a full-spectrum of best-in-class solutions for mission-critical refrigeration and HVAC systems in light commercial, commercial and industrial markets,””

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.