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Add-on acquisition Feb 2022 · Greenwich, Connecticut, USA Verified

Kelvin Group acquires Refrigeration Design & Service Inc. (RD&S)

Southfield Capital-backed Kelvin Group acquired industrial refrigeration provider RD&S, expanding its footprint across the Northeast, mid-Atlantic, and Southeast. RD&S joins ARC and HCG Associates under the Kelvin parent.

“The Kelvin Group, backed by Southfield Capital out of Greenwich, Connecticut, currently owns American Refrigeration Company (ARC) and HCG Associates 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. (RD&S) · Target Southfield Capital · Sponsor The Kelvin Group · Acquirer
Refrigeration
Source: www.achrnews.com

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.