# CMS Nextech acquires Aire Rite

CMS Nextech, a portfolio company of Audax Private Equity, acquired Aire Rite, a California-based air conditioning and refrigeration company. The acquisition expands CMS Nextech's reach into Southern California and brings its technician count to over 1,100.

- Type: Acquisition
- Announced: 2023-01-25
- Where: Southern California, United States, United States
- Status: completed
- Products: commercial HVAC repair, maintenance, installation, refrigeration services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Audax Private Equity](https://endata.com/companies/9109.md) (investor)
- [CMS Nextech](https://endata.com/companies/68088.md) (acquirer)
- [Aire Rite](https://endata.com/companies/68089.md) (target)

## Sources

- [goblueriver.com](https://goblueriver.com/blue-river-advises-cms-nextech-on-acquisition-of-aire-rite/), 2023-01-25: "The acquisition brings CMS Nextech to over 1,100 self-performing technicians nationwide and extends CMS Nextech’s reach deep into the massive Southern California market."

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