M&A Deal Summary

CoolSys Acquires 1GNITE

On August 8, 2023, CoolSys acquired business services company 1GNITE

Acquisition Highlights
  • This is CoolSys’ 19th transaction in the Business Services sector.
  • This is CoolSys’ 26th transaction in the United States.
  • This is CoolSys’ 2nd transaction in Texas.

M&A Deal Summary

Date 2023-08-08
Target 1GNITE
Sector Business Services
Buyer(s) CoolSys
Deal Type Add-on Acquisition

Target

1GNITE

Frisco, Texas, United States
1GNITE provides asset management solutions and specialized facility services to clients across the country. The company provides cost-efficiency by devising innovative solutions, utilizing the latest technologies, and taking an organized and disciplined approach to its work. 1GNITE is based in Frisco, Texas.

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Buyer(S) 1

Buyer

CoolSys

Brea, California, United States

Category Company
Founded 2001
Sector Business Services
DESCRIPTION

CoolSys is a refrigeration and HVAC services company, specializing in a full spectrum of best-in-class service experiences and solutions for customers in the retail, food service, commercial and industrial market segments. CoolSys was founded in 2001 and is based in Brea, California.


DEAL STATS #
Overall 26 of 29
Sector (Business Services) 19 of 22
Type (Add-on Acquisition) 26 of 29
State (Texas) 2 of 2
Country (United States) 26 of 29
Year (2023) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-01 Lima

Philadelphia, Pennsylvania, United States

Lima is a provider of commercial and industrial HVAC, refrigeration, plumbing and energy service. Lima was founded in 1976 and is based in Philadelphia, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-05 Georgia Air Solutions

Jackson, Georgia, United States

Georgia Air Solutions provides a range of refrigeration and HVAC services to its customers, based in Jackson, Georgia.

Buy -