CoolSys, which is backed by Ares Management, has acquired Lakeville, Minnesota-based Agape Mechnical, which specializes in HVAC, refrigeration, electrical and plumbing services, as well as hot water hydro-scrubbing. No financial terms were disclosed.
BREA, Calif., July 31, 2019 – CoolSys™, a parent of market-leading refrigeration and HVAC services companies nationwide, announced it has acquired Agape Mechanical, HVAC, Refrigeration and Plumbing Contractor based in Lakeville, Minnesota. With this acquisition, CoolSys expands its Light-Commercial Division, and broadens its Midwest presence entering six new states: North Dakota, South Dakota, Nebraska, Minnesota, Iowa and Illinois.
“The acquisition of Agape moves CoolSys further down our path of expansion with the goal of rapidly extending our coverage across the entire U.S.,” comments Adam Coffey, CEO of CoolSys. “Adding Agape to the CoolSys family of companies strengthens our presence in the Midwest region and strategically expands our light-commercial division. We will also be able to offer additional CoolSys services to Agape’s customers to help them better manage the total cost of their mission-critical refrigeration and HVAC systems.”
Agape Mechanical specializes in HVAC, refrigeration, electrical and plumbing services, as well as hot water hydro-scrubbing. Primarily serving customers in the light-commercial, commercial, and industrial markets, the company partners with businesses to help ensure their HVAC and refrigeration systems are operating as effectively and efficiently as possible. In addition to its repair and replacement services, it provides preventative maintenance to extend the lifespan and performance of its customers’ equipment and systems.
“We are excited to become part of the CoolSys family and leverage their resources to grow our business and offer even more value to our customers,” comments Agape President Scott Thielen. “Agape was built on providing the best technical resources in a timely manner, with an intense focus on customer satisfaction, which aligns extremely well with the CoolSys customer-centric culture.”
CoolSys is the market-leading 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 and its operating businesses cover every stage of mission-critical systems through engineering and design, installation, service and maintenance, and energy optimization. Headquartered in Southern California, CoolSys has more than 1,600 highly trained, field-based service and installation experts serving the daily needs of more than 4,000 customers across North America. For additional information, please visit www.coolsys.com.
About Agape Mechanical
Based in Lakeville, Minnesota, Agape Mechanical is known throughout the Midwest region for customer satisfaction, timely and responsive service, and professionalism in conducting business. Its team of expertly trained employees is comprised of some of the most talented and dedicated technicians and service professionals in the region. Their depth of experience and knowledge sets them apart and has been instrumental to the company’s growth and success.