American Refrigeration Company Inc.
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American Refrigeration Company Inc. - overview
Established
1996
Location
Andover, MA, US
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
American Refrigeration Company Inc. specializes in commercial and industrial refrigeration and HVAC services, offering system design, maintenance, and emergency response to maximize operational efficiency for mission-critical systems. Founded in 1996, American Refrigeration Company Inc. is based in Andover, US and provides refrigeration and HVAC solutions.
The company was acquired by Southfield Capital in October 2017. The CEO is Mike Sirois, alongside Stephen Giannelli. ARC Mechanical specializes in providing comprehensive commercial and industrial refrigeration and HVAC (Heating, Ventilation, and Air Conditioning) services. The company’s core offerings include HVAC/R system design and engineering, proactive maintenance programs, and emergency service response, all of which are critical for organizations with mission-critical mechanical systems.
Their services are aimed at maximizing system uptime and efficiency, thereby reducing unplanned downtime for clients in industries such as food processing, healthcare, pharmaceuticals, and data centers. ARC Mechanical has established a robust client base, including notable entities in food and beverage processing, healthcare facilities, and government organizations across geographical markets primarily in the Northeastern United States. Their emphasis on regulatory and compliance support further enhances their role as a trusted partner in maintaining safe and efficient operational environments for their customers. ARC Mechanical operates on a service-based revenue model, focusing on B2B (business-to-business) transactions with its commercial and industrial clients.
Revenue is generated through various channels including service agreements, maintenance contracts, and project-based work that involves design-build solutions for HVAC/R systems. Their flagship offerings, such as the Planned Maintenance Program, provide clients with tailored maintenance strategies aimed at optimizing the lifespan and performance of their HVAC/R equipment, thereby ensuring peak operational efficiency. Clients typically engage with ARC Mechanical through long-term contracts that facilitate ongoing support and compliance documentation, ensuring a steady revenue stream. The company’s pricing structure reflects the bespoke nature of their services, catering to the specific needs of each client engagement while focusing on delivering quality workmanship and reliability.
American Refrigeration Company Inc. aims to enhance its market presence by expanding into new geographic regions, particularly targeting opportunities in other parts of the Northeastern United States. In addition, the company intends to develop new products and services to meet changing regulatory compliance demands in the HVAC/R sector. Recent funding through the acquisition by Southfield Capital in October 2017 will provide the necessary capital to support these strategic initiatives.
Current Investors
Southfield
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Heating, Cooling & Ventilation Equipment and Services
Website
www.arc.cool
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
American Refrigeration Company Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Global Mechanical Services, Inc. | - | ||||||||
| Add-on | Completed | Capitol Engineering Company | - | ||||||||
| Add-on | Completed | HCG Associates | - | ||||||||
| Add-on | Completed | Refrigeration Engineering & Contracting Co, Inc. | - | ||||||||
| Buyout | Completed | American Refrigeration Company Inc. | - |
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American Refrigeration Company Inc. - employee data


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