CoolSys, Inc.
Brea, CA · CEO Adam Coffey
How it operates
Ares Management-backed national commercial refrigeration and HVAC-R services platform serving multi-site retail, grocery and logistics customers. It rolls up regional commercial HVAC-R service contractors and integrates them into national divisions rather than preserving local brands. Building Air Services of Pinellas Park was bought in October 2019 to strengthen its light-commercial division and give it a Southeast regional base.
Tampa Bay brands (1)
Building Air Services, Inc.
Deal history in the region
People
- Adam Coffey — platform ceo. CEO of CoolSys during its Ares-backed roll-up phase, including the October 2019 acquisition of Pinellas Park-based Building Air Services.
Frequently asked
Who owns CoolSys, Inc.?
CoolSys, Inc. is owned by its investors — Ares Management Corporation — together with management.
Which Tampa Bay companies does CoolSys, Inc. own?
Does CoolSys, Inc. keep the local brand names?
0 of 1 Tampa Bay brands we track still operate under their original names.
Is CoolSys, Inc. private equity?
Yes — it is a private-equity-backed platform (see the capital chain above).
Sources Verified — primary document
- CoolSys (2019-10-09) — platform site. Platform's own release; Coffey quote; light-commercial division rationale
- PE Hub (2019-10-10) — news. Ares Management ownership
- ACHR News (2019-10-11) — trade press. Brea, California HQ
Researcher notes: Adam Coffey was CEO at the time of the 2019 transaction.
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