American Refrigeration Company and Southfield Capital Acquire Capitol Engineering

American Refrigeration Company (ARC) Acquires Global Mechanical

November 10, 2021

HVAC & Mechanical

American Refrigeration Company (ARC), a Southfield Capital-backed HVAC and refrigeration platform, has acquired Global Mechanical, a Newburyport, Massachusetts-based regional provider of commercial refrigeration and HVAC design, installation, and service. The deal expands ARC’s commercial refrigeration and HVAC capabilities across New England; Deerpath Capital Management provided debt financing.

Kelvin Group / Southfield Capital's ARC Mechanical Acquires Cooling & Heating Specialists

August 9, 2023

HVAC & Mechanical

Kelvin Group, in partnership with private equity sponsor Southfield Capital, has acquired Cooling & Heating Specialists, Inc. (CHS), a regional commercial HVAC services provider headquartered in Newton, Massachusetts. CHS will be integrated into Kelvin's ARC Mechanical platform to expand commercial and industrial HVAC installation and service capabilities across New England; Deerpath Capital Management provided debt financing.

Kelvin Group / Southfield Capital Acquire RC&E, Inc.

February 7, 2024

HVAC & Mechanical

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.

The Kelvin Group (backed by Southfield Capital) Acquires Refrigeration Design & Service (RD&S)

February 2, 2022

Industrial Services

The Kelvin Group, a newly launched platform backed by Southfield Capital, has completed the acquisition of Refrigeration Design & Service (RD&S), an industrial refrigeration design/build and service provider based in Fairless Hills, Pennsylvania. The add-on expands Kelvin's footprint and service capabilities across the Northeast into the Mid-Atlantic and Southeast; Deerpath Capital provided debt financing.

Rotunda Capital Partners Acquires Refrigeration Sales Corporation

June 23, 2021

Industrial Services

Rotunda Capital Partners has acquired a majority stake in Refrigeration Sales Corporation (RSC), a fourth-generation wholesale distributor of HVAC/R equipment, parts and supplies headquartered in Valley View, Ohio. The investment positions RSC to pursue product, service, and geographic expansion across Northeast Ohio and Western Pennsylvania while preserving the company's family culture and management team.

SE Capital Partners Acquires Cardinal Heating and Air

August 8, 2024

HVAC & Mechanical

SE Capital Partners, a Chicago-based private equity firm, has acquired Cardinal Heating and Air, a Kirkland, Washington HVAC services provider founded in 1991. The deal expands SE Capital's portfolio of HVAC service providers and gives the firm a presence in the Pacific Northwest; terms were not disclosed.