Kelvin Group / Southfield Capital's ARC Mechanical Acquires Cooling & Heating Specialists
August 9, 2023
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.
- Buyers
- Kelvin Group, Southfield Capital
- Targets
- Cooling & Heating Specialists, Inc.
- Platforms
- ARC Mechanical
- Industry
- HVAC & Mechanical
- Location
- Massachusetts, United States
- Transaction Type
- Addon
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