Add-on acquisition Feb 2022 · Mid-Atlantic / Northeast / Southeast U.S. Verified
Kelvin Group acquires Refrigeration Design & Service Inc.
The Kelvin Group, backed by Southfield Capital, acquired Refrigeration Design & Service Inc. (RD&S), an industrial refrigeration provider, expanding its footprint across the Northeast, mid-Atlantic, and Southeast. This is a PE-backed platform add-on.
“The Kelvin Group, backed by Southfield Capital out of Greenwich, Connecticut, currently owns [American Refrigeration Company](http://www.arc.cool/) (ARC) and [HCG Associates](http://www.hcgassoc.com/) and maintains oversight capabilities of both companies. Adding RD&S effectively expands the parent company’s footprint and service area over a significant portion of the Northeast and into the mid-Atlantic region and southeastern portion of the U.S.”
Entities
Refrigeration Design & Service Inc. · Target Southfield Capital · Sponsor The Kelvin Group · Acquirer
Refrigeration
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