Add-on acquisition Jun 2024 · Fairless Hills, PA / Charleston, SC Verified
Southfield Capital-backed RD&S acquires GMS Services (commercial refrigeration)
Refrigeration Design and Service (RD&S), a portfolio company associated with Kelvin Group and PE firm Southfield Capital, completed the acquisition of GMS Services, a commercial refrigeration and HVAC services provider in Charleston, SC, expanding its Southeast and Great Lakes footprint. Terms were not disclosed.
“Kelvin Group, and Southfield Capital, a premier lower market private equity firm, announced that Refrigeration Design and Service, (“RD&S”) an industrial and commercial mission critical mechanical services company headquartered in Fairless Hills, PA., has completed the acquisition of GMS Services, LLC (“GMS”), a commercial refrigeration and HVAC services provider headquartered in Charleston, SC.”
Entities
GMS Services, LLC · Target Kelvin Group · Platform Refrigeration Design and Service (RD&S) · Acquirer Southfield Capital · Sponsor
HVACRefrigeration
Source: www.achrnews.com
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