American Refrigeration Company (ARC), an independent commercial and industrial mechanical services company, acquired Global Mechanical Services, a provider of commercial mechanical services including HVAC, controls, and refrigeration. The acquisition enhances ARC's HVAC design, installation, and service capabilities in New England.
American Refrigeration Company (ARC) acquired Capitol Engineering Co, a regional leader in commercial/industrial HVAC systems. The acquisition was announced on February 9, 2021. Financial terms were not disclosed.
Southfield Capital acquired American Refrigerator Company (ARC), the largest independent industrial refrigeration service company in New England. Abacus Finance Group provided $20.5 million in senior secured credit facilities to support the buy.