# CoolSys acquires Arjae HVAC and Mechanical Services

CoolSys, a portfolio company of Audax Group, acquired Arjae HVAC and Mechanical Services, an Oregon-based HVAC services company specializing in ductwork fabrication, installation, and maintenance.

- Type: Acquisition
- Announced: 2019-01-22
- Where: Milwaukie, Oregon, United States
- Status: completed
- Products: HVAC installation, HVAC maintenance, ductwork fabrication
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Audax Private Equity](https://endata.com/companies/9109.md) (investor)
- [CoolSys](https://endata.com/companies/14878.md) (acquirer)
- [Audax](https://endata.com/companies/33018.md) (investor)
- [Arjae HVAC and Mechanical Services](https://endata.com/companies/36522.md) (target)
- [ABC Refrigeration & HVAC](https://endata.com/companies/37304.md) (target)

## Sources

- [chinookadvisors.com](https://chinookadvisors.com/transactions/arjae/), 2019-01-22: "Chinook Capital Advisors served as the exclusive advisor to Arjae HVAC and Mechanical Services in its acquisition by CoolSys."
- [achrnews.com](https://www.achrnews.com/articles/159666-coolsys-purchases-arjae-hvac-and-mechanical-services), 2019-01-24: "The acquisition of Arjae is an exciting step in our strategic growth plan."
- [achrnews.com](https://www.achrnews.com/articles/topic/4965-news?page=486), 2019-02-13: "CoolSys has acquired ABC Refrigeration & HVAC."
- [coolingpost.com](https://www.coolingpost.com/world-news/coolsys-buys-syracuse-based-contractor/), 2019-03-04: "Adding ABC to the CoolSys family establishes our presence in a significant way in the strategically important Northeast region."
- [privateequityinternational.com](https://www.privateequityinternational.com/pe-backed-coolsys-buys-abc-refrigeration/), 2019-03-04: "The acquisition of ABC is a major milestone for CoolSys, as we continue on our path of expansion throughout the U.S."
- [coolsys.com](https://coolsys.com/resource/coolsys-acquires-abc-refrigeration-hvac-in-new-york/), 2019-03-05: "The acquisition of ABC is a major milestone for CoolSys, as we continue on our path of expansion throughout the U.S."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.