Source Refrigeration & HVAC: Ares Buys CoolSys from Audax

Ares Management has acquired Source Refrigeration Holdings (DBA CoolSys) from Audax Private Equity. CoolSys is the parent of company of a number of refrigeration and HVAC companies nationwide. Audax acquired Source Refrigeration from Arsenal Capital Partners in December 2015. CoolSys provides commercial refrigeration and HVAC services to food retailers, convenience store chains, commercial and industrial [...]The post Ares Buys CoolSys from Audax appeared first on Private Equity Professional.