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New Deal


Announced

Completed

Southfield Capital and American Refrigeration Company completed the acquisition of Global Mechanical.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

mechanical contracting services

Acquisition

Private

commercial HVAC

Private Equity

Mechanical and Electrical Maintenance

Friendly

Canada

Completed

Single Bidder

Cross Border

Synopsis

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Southfield Capital, a private equity firm, and American Refrigeration Company, an independent commercial and industrial mission critical mechanical services company, completed the acquisition of Global Mechanical, a single source, multi-trade mechanical contracting company. Financial terms were not disclosed. "We're delighted to welcome the Global Mechanical team to the ARC family. Adding Global Mechanical's leadership, field service depth, and experience to our existing team will undoubtedly enhance the mission-critical supply chain solutions we currently provide to the region," Bill Fleming, ARC President.

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