The Master Group, an air conditioning, heating, ventilation and refrigeration company, completed the acquisition of Refrigeration Sales, an air conditioning & refrigeration components provider, from Rotunda Capital Partners, a private equity firm. Financial terms were not disclosed. “In a short period of time we worked closely with the management team to strengthen the business. We accomplished our goal which was to invest heavily in the management team and infrastructure to transform a multi-generation family-owned company into a data-driven platform. We are proud to have supported the Company's growth while maintaining a focus on top-quality customer service," Dan Lipson, Rotunda Managing Partner.