Announced
Completed
Synopsis
Southfield Capital-backed Kelvin Group, a platform dedicated to building a collaborative group of the largest independent industrial and commercial mission-critical mechanical services companies, completed the acquisition of RC&E, an industrial refrigeration service provider. Financial terms were not disclosed. "We are extremely excited to be part of the Kelvin Group family of companies. RC&E found an ideal partner in Kelvin Group, and we share the values that focus on being a great place to work, innovation, employee development and taking care of customers. Kelvin Group's national scale and resources will enable RC&E to continue its growth in Texas and beyond," Russell Munday, RC&E Owner.
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