Majority stake Announced Mar 2019 Verified
Ares Management acquires CoolSys from Audax
Summary
Ares' PE group acquired commercial refrigeration/HVAC leader CoolSys (~$400M revenue) from Audax in March 2019; 14+ add-ons followed.
Ares' PE group acquired commercial refrigeration/HVAC leader CoolSys (~$400M revenue) from Audax in March 2019; 14+ add-ons followed.