Source Refrigeration & HVAC, an Anaheim, Calif.-based provider of commercial refrigeration and HVAC services in North America and a portfolio company of the private equity firm Arsenal Capital Partners, has acquired Fournier Air Conditioning and Refrigeration, based in Jacksonville, Fla. Terms of the deal aren’t being disclosed.

Source Refrigeration & HVAC, which is backed by Arsenal Capital Partners, has acquired Fournier Air Conditioning and Refrigeration. Financial terms weren’t announced. Jacksonville, Fla.-based Fournier provides refrigeration and HVAC services to grocery, commercial, industrial, and retail clients throughout Florida and South Carolina.

Source Refrigeration & HVAC, which is backed by Arsenal Capital Partners, has acquired TP Electrical. Financial terms weren’t announced. White, Ga.-based TP provides electrical and EMS contracting services to grocery, commercial, industrial, and retail clients across the Southeastern United States.

Arsenal Capital Partners‘ portfolio company, The WIRB-Copernicus Group has acquired Research Dataware. Based in Cambridge, Massachusetts, Research Dataware is a software developer and provider of IRBNet, the leading software application supporting institutional review boards (IRBs).

Arsenal Capital Partners, a New York-based private equity firm that invests in middle-market specialty industrial and healthcare companies, announced today that it is acquiring Dash Multi-Corp. of Maryland Heights, Missouri, which makes formulated polyurethane, vinyl plastisol, specialty coatings as well as recycled rubber products. Terms of the deal were not disclosed.

One private equity professional who was deeply unhappy with the Supreme Court’s support of the Affordable Care Act was Lester Knight, founder of RoundTable Healthcare Partners, a buyout firm that focuses on the industry and which raised $600 million for its third fund in 2010. Knight said the ruling will increase costs for many of [...]

Royal Adhesives & Sealants, which is backed by Arsenal Capital Partners, said Wednesday that it will buy nearly all the assets of Clifton Adhesives. Financial terms weren’t announced. Clifton Adhesive is a specialty adhesive manufacturer. PRESS RELEASE Royal Adhesives & Sealants (Royal) a portfolio company of Arsenal Capital Partners (Arsenal) announced that Royal will acquire [...]

Arsenal Capital, which recently held a first close on its third fund, expects to hold a second close soon and has set a cap of $825 million on the fund.

Arsenal Capital Partners announced Monday two acquisitions: Plasticolors, a supplier of pigment and chemical dispersions, and Evonik Industries’ Colortrend global colorants business. The New York PE firm has created Chromaflo Technologies, a global pigment dispersion platform, that will be headquartered in Ashtabula, Ohio. Scott Becker will be CEO of Chromaflo. PRESS RELEASE Arsenal Capital Partners, [...]

Arsenal Capital generated 4x its invested capital with the sale Novalyte. That should bolster the firm’s effort to raise a third fund.