BREA, Calif. — CoolSys announced that it has acquired Eastern Refrigeration. With this acquisition, CoolSys further expands its growing market presence in the Northeast region and resumes its nationwide expansion in the wake of the COVID-19 pandemic with the backing of its private equity investor, Ares Management.
“CoolSys is excited to relaunch our M&A growth strategy with the acquisition of Eastern Refrigeration,” said Adam Coffey, CEO of CoolSys. “This acquisition is another key step in fulfilling our vision of becoming a national service provider that offers a full-spectrum of best-in-class solutions for mission-critical refrigeration and HVAC systems in light commercial, commercial, and industrial markets. This strategic acquisition strengthens our market position in the Northeast by providing density in some existing markets and opening up new states for CoolSys.”