The Kelvin Group, a parent company dedicated to building a collaborative group of the largest independent industrial and commercial mission-critical mechanical services companies in the U.S., completed the acquisition of Refrigeration Design & Service (RD&S), an industrial refrigeration services and design/build provider headquartered in Fairless Hills, PA. Deerpath Capital Management provided debt financing. Finn, Dixon & Herling provided legal counsel to Kelvin and Southfield Capital.
RD&S provides a full line of services to meet the needs of the industrial refrigeration marketplace across the Mid-Atlantic and Southeast. RD&S is based in metropolitan Philadelphia with offices in Wilkes Barre, PA and Deatsville, AL.
The Kelvin Group currently owns American Refrigeration Company (ARC) and HCG Associates, and maintains oversight capabilities of both companies. Adding RD&S effectively expands the parent company’s footprint and service area over a significant portion of the Northeast and into the Mid-Atlantic and Southeast regions of the U.S. Customers of all three companies will benefit from the economies of scale and expanded service offerings now available from The Kelvin Group.
“We’re delighted to welcome the RD&S team to the Kelvin family,” Michael Sirois, CEO of The Kelvin Group, said. “Adding RD&S’ leadership, field service depth and experience to our existing team will undoubtedly enhance the mission-critical industrial refrigeration and supply chain solutions we currently provide.”
“We’re thrilled to join the growing group of companies within The Kelvin Group and allow our customers and employees to enjoy the benefits of their expanded operations and capabilities,” Bil Sauer, president of RD&S, said. “The companies operating under Kelvin’s oversight share our commitment to providing the highest quality services and maintenance and ensure customer satisfaction. We’re honored to be part of a winning team driven to achieve the highest client satisfaction and continue our long standing and mutually beneficial relationship between ARC and RD&S.”
Chris Grambling, principal of Southfield Capital, said. “We are excited to partner with RD&S, who share our vision in creating a market leading mechanical services platform. Under the newly branded Kelvin Group parent company, they join ARC and HCG as another critical provider for our customers, ensuring quality and consistency of service in addition to benefits from scale.”
