Rotunda Capital Partners Acquires Refrigeration Sales Corporation

Rotunda Capital Partners Invests in Lehman Pipe & Supply, Inc.

September 5, 2024

Logistics & Distribution

Rotunda Capital Partners has invested in Lehman Pipe and Supply, a Miami-based distributor of industrial pipe, valves and fittings (PVF), partnering with existing management to support growth and succession. The partnership will provide capital and operational support to expand Lehman's footprint across the South and Southeast U.S., pursue selective acquisitions and accelerate organic growth.

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 Master Group Acquires Refrigeration Sales Corporation from Rotunda Capital Partners

March 2, 2023

Building Products

The Master Group, a leading North American HVAC/R distributor, acquired Refrigeration Sales Corporation (RSC), a Valley View, Ohio-based HVAC/R parts and equipment wholesaler, from Rotunda Capital Partners. The acquisition expands The Master Group's U.S. footprint across Ohio and western Pennsylvania and follows Rotunda's 2021 investment to grow RSC into a multi-location, data-driven distribution platform.

Industrial Service Solutions Acquires Rotating Mechanical Solutions Corporation

August 15, 2022

Industrial Services

Industrial Service Solutions (ISS), a Houston-based industrial services provider, has acquired full ownership of Rotating Mechanical Solutions Corporation (RMSC), a Colorado-headquartered specialist in maintenance, repair and overhaul of large-scale rotating equipment. The acquisition expands ISS’s on-site preventive and predictive maintenance, testing and diagnostics, and motor/compressor sales and service capabilities across the western United States as an add‑on to ISS’s field service platform.

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.

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.