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Completed Transactions > Business & Financial Services > Atlantic Refrigeration Acquired by Sunday River

Atlantic Refrigeration Acquired by Sunday River

Atlantic Refrigeration

Date

Jul 2019

Region

Massachusetts

We are pleased to announce the sale of our client, Atlantic Refrigeration of Hudson, to Sunday River LLC. The acquisition closed July 31, 2019 and details were not disclosed. 

Located in Hudson, Massachusetts, Atlantic Refrigeration of Hudson is a company dedicated to providing refrigeration & HVAC emergency service, preventative maintenance, design and installation to the commercial market.

Family-owned and professionally operated for almost 50 years, the company services commercial customers in Massachusetts and southern New Hampshire, specializing in convenience stores, fast-food chains, property management groups, healthcare, education and cannabis industries. The company is committed to providing superior quality and best-in-class service to its customers.

Sunday River LLC is committed to finding and growing established businesses that provide value to their customers, partners and employees with the utmost integrity. Sunday River is an organization with entrepreneurial roots and a data-driven, long term approach. 

Generational Equity Executive Managing Director of M&A – Eastern Region, David Fergusson, and his team, led by Senior M&A Advisor Jeff Carignan and supported by Vice President Corey Painter, successfully closed the deal. Senior Managing Director Brian Hendershot established the initial relationship with Atlantic Refrigeration. 

According to Carignan, “Both parties remained enthusiastic and motivated to obtain a mutually beneficial close, even with the diligence issues that arose. Respect and professionalism helped guide each party.”

If you’d like to know more about how we support clients in this industry with their exit plans, visit our dedicated Business Services page.

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