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Ares Management Corporation

Verified

Pe Firm

Los Angeles, CA, US

Acquired CoolSys from Audax in 2019; backed 14+ commercial refrigeration/HVAC add-ons under ownership.

Ownership

Deals

Add-on acquisition Jan 2022
Verified

CoolSys acquires 1GNITE (Asset Recovery Solutions)

CoolSys (formerly Source Refrigeration & HVAC) → 1GNITE (Asset Recovery Solutions)
Add-on acquisition Nov 2021
Verified

CoolSys acquires Triangle Refrigeration

CoolSys (formerly Source Refrigeration & HVAC) → Triangle Refrigeration
Add-on acquisition Jan 2021
Verified

CoolSys acquires C.E. Holt Refrigeration

CoolSys (formerly Source Refrigeration & HVAC) → C.E. Holt Refrigeration
Majority stake Mar 2019
Verified

Ares Management acquires CoolSys from Audax

Ares Management Corporation → CoolSys (formerly Source Refrigeration & HVAC)