Announced
Synopsis
CoolSys, a HVAC building products provider, agreed to acquire Carolina Refrigeration Services, a commercial HVAC and refrigeration company, which serves customers in South Carolina, North Carolina, Tennessee, Alabama and Georgia. Financial terms were not disclosed. "This is a very strategic acquisition for CoolSys. While we currently perform work in the states they cover, acquiring Carolina Refrigeration Services gives us the critical mass required to provide our current customers the support and resources they deserve and to offer our entire solutions portfolio to new customers. Carolina Refrigeration’s excellent service has earned them an outstanding reputation that will serve as a critical part of our growth strategy in the Carolinas and the southeast," Adam Coffey, CoolSys CEO.
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