American Refrigeration Company (ARC) Acquires Global Mechanical

American Refrigeration Company and Southfield Capital Acquire Capitol Engineering

February 22, 2021

HVAC & Mechanical

American Refrigeration Company (ARC), backed by Southfield Capital, has acquired Capitol Engineering, a regional designer, installer and service provider of commercial/industrial HVAC systems in New England. The add-on expands ARC's HVAC engineering, installation and maintenance capabilities across the region and integrates Capitol's leadership and technical depth into ARC's platform.

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.

The Arcticom Group Acquires Tomco Mechanical Corporation

July 8, 2022

HVAC & Mechanical

The Arcticom Group, a Walnut Creek, California-based HVACR platform backed by A&M Capital Partners, has acquired Tomco Mechanical Corporation, a Westbury, New York provider of commercial refrigeration and HVAC services. The acquisition expands Arcticom's footprint to the East Coast and strengthens its service offering to national and regional grocery and commercial customers, with Tomco's management (led by John Martinelli) remaining in leadership and retaining a meaningful ownership stake.

Silver State Acquires All American Mechanical, Inc.

December 8, 2025

HVAC & Mechanical

Silver State HVAC, Refrigeration & Plumbing has acquired All American Mechanical, Inc., a commercial HVAC, refrigeration and kitchen equipment service provider based in El Dorado Hills, California. The acquisition expands Silver State's California footprint and strengthens its service capabilities for restaurants and foodservice customers across Northern California.

Cold Core Group Acquires Aircor Refrigeration and Arctic Consulting

August 22, 2023

HVAC & Mechanical

Cold Core Group, a Menomonee Falls, Wisconsin-based full-service industrial and commercial refrigeration provider, has acquired South Carolina-based Aircor Refrigeration, LLC and Arctic Consulting, LLC. The acquisition expands Cold Core Group's east‑coast presence and adds specialized industrial refrigeration services, energy management and PSM/RMP compliance consulting capabilities.

Platinum Equity Invests in HVAC/R Distributor Global, The Source (Joins with MARS)

December 6, 2024

HVAC & Mechanical

Platinum Equity has made a strategic investment in Global, the Source, a master distributor of HVAC/R components, and its AmRad Manufacturing subsidiary, joining the company with Motors & Armatures (MARS) to form an integrated HVAC/R platform. As part of the transaction, Philip Windham was named CEO of the combined platform while Global owner Dickie Sirotiak and his family remain shareholders; financial terms were not disclosed.