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Announced

Completed

CoolSys completed the acquisition of Triangle Refrigeration.

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

Single Bidder

Friendly

United States

Acquisition

Domestic

refrigeration equipment

Private

Maintenance Repair and Overhaul (MRO)

Completed

Synopsis

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CoolSys, a refrigeration, engineering, and energy solutions company, completed the acquisition of Triangle Refrigeration, a provider of refrigeration, plumbing, and monitoring services. Financial terms were not disclosed. “As CoolSys continues to grow its market presence across the country, we’re excited to have Triangle Refrigeration join our other CoolSys companies in the Northeast and Mid-Atlantic regions. A market leader in its region, Triangle Refrigeration and its management team have developed a strong reputation built on industry expertise, operational efficiency, and excellent customer experience, which are values integral to us at CoolSys," Anesa Chaibi, CoolSys CEO.

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