Add-on acquisition Mar 2023 · Ohio and Western Pennsylvania Verified
Master Group acquires Refrigeration Sales Corp (RSC)
The Master Group, a PE-backed HVAC/R distributor pursuing North American expansion, acquired Ohio-based independent distributor Refrigeration Sales Corp (RSC), its second U.S. acquisition following the 2021 purchase of Value Added Distributors (VAD).
“The Master Group has acquired Refrigeration Sales Corp. (RSC) based in Ohio, an independent distributor serving Ohio and Western Pennsylvania. This move marks Master's second acquisition south of the border following the purchase of Virginia-based Value Added Distributors (VAD) in late 2021.”
Entities
Navacap · Sponsor Refrigeration Sales Corp. · Target The Master Group · Acquirer Value Added Distributors · Mentioned
HVACRefrigeration
Source: HPAC Engineering, Mar 2023, p.60 (OCR)
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