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Coolsys Acquires T&O Refrigeration

Aug 16, 2021almost 4 years ago

Acquiring Company

CoolSys

Acquired Company

T&O Refrigeration

BreaFacilities ServicesHospitalityRetail

Description

CoolSysTM, the market-leading refrigeration, HVAC, engineering and energy solutions company, announced it has acquired T&O Refrigeration, one of the largest independently owned refrigeration services companies in the Southeast region. With this acquisition, CoolSys expands its market presence throughout the Southeast with significantly increased market share in Georgia and Nashville, Tennessee.

Company Information

Company

CoolSys

Location

Brea, California, United States

About

CoolSys is the market-leading refrigeration and HVAC solutions company, specializing in a full spectrum of best-in-class service experiences and solutions for customers in the retail, foodservice, commercial and industrial market segments. CoolSys and its operating businesses cover every stage of mission-critical systems from engineering and design, to installation, service and maintenance, and energy optimization. Headquartered in Southern California, CoolSys has more than 3,000 employees nationwide, serving the daily needs of more than 45,000 customer locations across North America.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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