Source builds national refrigeration/HVAC platform via Southeast expansion

Arsenal Capital's operating partner framed the TP Electrical deal as part of a strategy to expand Source's national footprint and build an industry-leading independent refrigeration and HVAC company.

“The acquisition of TP strengthens the capabilities of our existing service and installation operations in the Southeast and supports our overall strategy of continuing to expand our national footprint while we build an industry-leading independent refrigeration and HVAC company.”

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.