Kelvin Group / Southfield Capital Acquire RC&E, Inc.
February 7, 2024
Kelvin Group, backed by Southfield Capital, has completed the acquisition of RC&E, Inc., an industrial refrigeration services provider headquartered in Fort Worth, Texas. The add-on expands Kelvin Group's national footprint (its tenth acquisition since partnering with Southfield) and strengthens its capabilities in mission-critical refrigeration, maintenance, engineering, and process safety for food & beverage, cold storage, and related industries.
- Buyers
- Kelvin Group, Southfield Capital
- Targets
- RC&E, Inc.
- Sellers
- Russell Munday (former owner of RC&E)
- Platforms
- Kelvin Group
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Transaction Type
- Addon
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