C.E. Holt Refrigeration Incorporated

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C.E. Holt Refrigeration Incorporated - overview

Established

1961

Location

Charlotte, NC, US

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

C. E. Holt Refrigeration Incorporated provides comprehensive HVAC-R solutions, addressing the needs of various sectors including grocery, medical, and industrial markets with a focus on energy efficiency and operational reliability. Founded in 1961, C.


E. Holt Refrigeration Incorporated specializes in HVAC-R services, catering primarily to the grocery, medical, and industrial markets. The company is headquartered in Charlotte, US. In January 2021, CoolSys, Inc.


acquired C. E. Holt Refrigeration, though financial terms of the transaction were not disclosed. The founder's background is not specified in the available data.


C. E. Holt Refrigeration, a subsidiary of CoolSys, specializes in comprehensive HVAC-R (heating, ventilation, air conditioning, and refrigeration) solutions tailored for various sectors, including grocery, medical, and industrial markets. The company’s core offerings encompass 24/7 emergency service, maintenance agreements, full-service contracts, and refurbishing of existing equipment, all designed to ensure optimal functionality and energy efficiency.


Their services address critical end-use cases such as minimizing equipment downtime for food preservation, meeting cold storage requirements for medicinal applications, and providing reliable refrigeration for robust industrial environments. The company primarily serves clients across Virginia, North Carolina, South Carolina, and Georgia, ensuring that businesses in these regions have access to essential refrigeration and HVAC services to maintain product integrity and operational efficiency. C. E.


Holt Refrigeration generates revenue through a structured service model that includes maintenance agreements and full-service contracts, fostering long-term relationships with its business clients. These agreements provide customers with flexibility in budgeting their maintenance expenses while ensuring timely service and upgrades. The firm engages in direct business-to-business (B2B) transactions, where clients may opt for preventative maintenance services or emergency repairs tailored to their specific operational needs. Additionally, the company offers refurbishing services for existing equipment, which can enhance performance and extend the lifecycle of clients' systems.


Each service is strategically designed to deliver value while maintaining high standards of operational reliability and energy efficiency, thereby reinforcing C. E. Holt's reputation as a trusted provider in the HVAC-R industry. In response to industry demands, C.


E. Holt Refrigeration is expected to leverage its affiliation with CoolSys to explore new product designs and enhance service offerings. The company aims to expand its geographic reach into new markets across the southeastern United States, targeting specific regions to be defined in the near term. The acquisition by CoolSys may provide additional resources to facilitate these growth initiatives.


The most recent transaction occurred on January 5, 2021, when CoolSys acquired C. E. Holt Refrigeration, marking a significant step in the company's strategic growth.


Current Investors

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Heating, Cooling & Ventilation Equipment and Services, Electrical, Plumbing & Hardware Distributors

Website

www.ceholt.com

Verticals

E-commerce

Company Stage

Add-on

Total Amount Raised

Subscriber access only

C.E. Holt Refrigeration Incorporated - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedC.E. Holt Refrigeration Incorporated-

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