CoolSys
CoolSys is a private, Anaheim-based national HVAC-R services provider delivering installation, maintenance, emergency repair, and engineering across 42,500+ customer locations for retail, industrial, healthcare, and data center clients via 2,500+ self-performing technicians.
- Company typePrivate
- Founded1998
- HeadquartersAnaheim, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What CoolSys does
CoolSys is a national HVAC-R (heating, ventilation, air conditioning, and refrigeration) services provider founded in 1998 and headquartered in Anaheim, California, backed by Audax Private Equity since 2015. The company serves 4,200+ customers across 42,500+ customer locations using a self-performing technician network of 2,500+ personnel and 110+ professional engineers operating out of 110+ U.S. branches, executing 600,000+ work orders annually. Its customer base spans commercial retail (Walmart, Target, Kroger, Albertsons, Whole Foods Market, Trader Joe's, Walgreens, Publix, HEB, Dollar General, Aldi), industrial operations (food processing, cold storage, pharmaceutical distribution, manufacturing), healthcare (Novant Health, McKesson, AmerisourceBergen, Grifols Plasma), technology (Lumen data centers), and institutional clients.
CoolSys delivers end-to-end HVAC-R lifecycle services organized across four verticals: (1) commercial and industrial refrigeration and HVAC installation, preventive maintenance, and emergency repair; (2) professional solutions including MEPR/FP engineering, electrical engineering, equipment sourcing, and multi-site program management; (3) energy solutions encompassing consumption optimization, CHP/cogeneration, Bridge-to-Grid systems, Battery Energy Storage, and microgrid design; and (4) facility solutions covering asset recovery, refrigerant compliance, and pavement management. Notable technical capabilities include 250+ CO2/transcritical refrigeration systems installed (including 4 of the largest transcritical systems in the U.S.), centralized refrigerant compliance for AIM Act, EPA Section 608, California CARB, and Washington WAC 173-443, Energy Management System (EMS) monitoring, and predictive analytics layered on top of third-party monitoring infrastructure.
The business model blends project-based installation revenue (one-time), recurring multi-year preventive maintenance subscriptions (annual billing cadence), 24/7 transactional emergency repair services, professional services for engineering and energy optimization, equipment procurement and resale, used asset recovery, and refrigerant compliance subscriptions. GTM is enterprise field sales targeting national multi-site operators with dedicated account management, complemented by a 24/7 emergency dispatch hotline (866-417-6586) and local branch fulfillment. Growth has been driven by an aggressive programmatic roll-up: 20+ acquisitions since 2018, including T&O Refrigeration, 1GNITE Asset Recovery, ABC Refrigeration & HVAC, and Mechanical Engineering & Construction Corporation (MEC2). The company completed a $150 million credit facility led by Muzuho in September 2025 and installed a new CEO (Eric Hutto) effective May 2026.
CoolSys firmographics
Firmographics- Name
- CoolSys
- Legal name
- CoolSys
- Website
- https://coolsys.com
- Company type
- Private
- Founded year
- 1998
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- CoolSys is a private, Anaheim-based national HVAC-R services provider delivering installation, maintenance, emergency repair, and engineering across 42,500+ customer locations for retail, industrial, healthcare, and data center clients via 2,500+ self-performing technicians.
- Ownership category
- akta.pro rank
CoolSys industry classification
Industry- Product category
- Commercial HVAC-R Services
- NAICS
- Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Other Specialized Design Services (541490), Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers (423720), Steam and Air-Conditioning Supply (221330)
- SIC
- Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580), Steam & Air-Conditioning Supply (4961)
- akta.pro primary industry
- Chillers, Boilers & Central Plant Operations (BPABACAG)
- akta.pro secondary industries
- Compressor, Condenser & Evaporator Service (HSAOAJAG), HVAC & Industrial Ventilation (Chillers, AHUs, Exhaust, Filtration) (EUAEAFAE), Cooling Systems & Thermal Management (CRAC/CRAH, Chillers, Liquid Cooling) (HDABAKAD), Chillers & Cooling Plant Equipment (IMAHAKAE)
Keywords
Where CoolSys is headquartered
LocationHeadquarters
- HQ city
- Anaheim
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
CoolSys business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- HVAC-R Installation Services: Installation of commercial and industrial refrigeration and HVAC systems for new construction, remodels, and upgrades. Project-based revenue from design-build and plan-and-spec installation projects.
- Preventive Maintenance Programs: Recurring maintenance contracts including quarterly and semi-annual preventive maintenance programs for refrigeration and HVAC systems, compressor rooms, and EMS. Includes refrigerant leak detection, coil cleaning, and system optimization.
- Emergency Repair Services: 24/7 emergency repair services for critical refrigeration and HVAC breakdowns, charged per service call.
- Engineering and Design Consulting: MEPR/FP (Mechanical, Electrical, Plumbing, Refrigeration, Fire Protection) engineering design services, design-build, and energy modeling.
- Energy Optimization Services: Energy consumption optimization including audits, LED retrofits, EMS upgrades, VFD installations, and commissioning services with clear ROI focus.
- Used Asset Recovery: Recovery, resale, and recycling of retired HVAC-R equipment and facility assets. Proceeds offset equipment replacement costs.
- Equipment Sourcing and Sales: HVAC, refrigeration, and plumbing equipment procurement and sales through OEM partnerships, providing access to equipment from top-tier manufacturers.
- Refrigerant Compliance Management: Centralized refrigerant compliance services including asset inventory, registration, leak tracking, and annual reporting for federal and state regulatory compliance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Custom project-based pricing for installation services |
| Subscription | Annual | Recurring maintenance contract programs |
| Unit Pricing | Pay-as-you-go | 24/7 Emergency repair services |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
CoolSys product offering
Product offeringCore offering
CoolSys is a national provider of commercial and industrial refrigeration and HVAC services delivering end-to-end lifecycle solutions including engineering, installation, preventive maintenance, emergency repair, refrigerant compliance, energy optimization, and used asset recovery. The company operates a self-performing technician network of 2,500+ technicians across 110+ branches nationwide, serving 4,200+ customers across 42,500+ locations with 600,000+ work orders completed annually. Its offerings span CO2/transcritical refrigeration systems, combined heat and power (CHP) energy resilience, MEPR/FP engineering design, and centralized refrigerant compliance management.
Product overview
CoolSys is a national provider of refrigeration, HVAC, and energy solutions operating as a services company rather than a software platform. The portfolio is organized into four interconnected service verticals: (1) Commercial and Industrial Refrigeration & HVAC Services covering installation, maintenance, and emergency repair; (2) Professional Solutions encompassing MEPR/FP engineering, electrical engineering, equipment sourcing, and program management; (3) Energy Solutions including consumption optimization and supply resilience through CHP/DER systems; and (4) Facility Solutions covering asset recovery, refrigerant compliance, and multi-site facility management. Key service products include CO2 Refrigeration Systems for low-GWP compliance, Used Asset Recovery & Liquidation Services, and Refrigerant Compliance Solutions. With over 2,500 technicians, 110+ engineers, and operations across 110+ branches serving 42,500+ customer locations, the company provides end-to-end lifecycle support from engineering design through installation, maintenance, monitoring, and end-of-life asset disposition.
Differentiator
Problem solved
Functional benefit
Brands
- CoolSys Energy Design: Energy design and optimization services subsidiary
Products and services
- Commercial Refrigeration & HVAC Services End-to-end commercial refrigeration and HVAC lifecycle solutions including installation, preventive maintenance, emergency repair, and monitoring services for grocery stores, convenience stores, restaurants, hotels, and non-food retailers.
- Industrial Refrigeration & HVAC Services Comprehensive industrial refrigeration and HVAC solutions for manufacturing plants, food processing, cold storage, refrigerated warehouses, and healthcare facilities, including engineering, installation, maintenance, and emergency repair.
- Energy Consumption Optimization Tailored energy efficiency solutions including commissioning, LED lighting retrofits, VFD/EC motor upgrades, EMS controls upgrades, and energy audits designed to reduce consumption and operating costs.
- Energy Supply Resilience Solutions On-site power generation and grid independence solutions featuring Combined Heat and Power (CHP/cogeneration) systems, Bridge-to-Grid solutions, and distributed energy resources (DER) for uninterrupted operations.
- MEPR/FP Engineering Services Comprehensive mechanical, electrical, plumbing, refrigeration, and fire protection engineering design services including design-build, net-zero building design, and renewable energy integration delivered by 100+ professional engineers.
- Equipment Solutions HVAC, refrigeration, and plumbing equipment sourcing, procurement, and pre-engineered system solutions from OEM partners for new builds, upgrades, and retrofits.
- Preventive Maintenance Programs
Quantifiable outcome
- Energy cost reduction of 20-25% through comprehensive energy optimization assessments
- +6 more outcomes
Companies that use CoolSys
Customer profileNamed customers34 records
Segments5 records
Ideal customer profiles3 records
CoolSys technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature5 records
CoolSys partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Motivetechnology partnerCoolSys partnered with Motive, a fleet management technology provider, to implement a proactive driver safety program using AI Dashcams and Vehicle Gateways. The partnership resulted in 25% reduction in at-fault collisions and 80% decrease in unsafe driving behaviors.
Scale indicators17 records
Recent moves6 records
Expansion highlights7 records
CoolSys competitors and assessment
Company assessmentDirect peers
- Service Logic: PE-backed national commercial HVAC, refrigeration, and mechanical services platform with a similar multi-site roll-up strategy. Directly comparable as a national field-service operator serving retail, grocery, and industrial customers across the US.
- ACCO Engineered Systems: West Coast-headquartered commercial HVAC, plumbing, and refrigeration design-build and service provider. Directly competes for grocery, retail, and industrial multi-site accounts and shares CoolSys' MEPR engineering depth.
- Limbach Holdings: Public specialty contractor focused on commercial HVAC, plumbing, and building services for institutional and commercial customers. Similar design-build and recurring-service mix aimed at multi-site operators.
Broad incumbents
- Comfort Systems USA: Public national mechanical and HVAC services platform with similar multi-site commercial/industrial customers. Operates as a broad incumbent with similar install-maintain-service offerings though spanning more general mechanical work.
- EMCOR Group: Large publicly traded facilities services and electrical/mechanical construction firm. Overlaps with CoolSys on commercial HVAC service and refrigerant work for industrial customers, particularly via EMCOR's own customer list (note: EMCOR is also a CoolSys customer).
- APi Group: Public safety, specialty, and industrial services conglomerate with a significant commercial HVAC-R service segment. Comparable scale platform built through aggressive HVAC services M&A.
- Trane Technologies: Global HVAC-R equipment OEM with a major commercial service arm. Overlaps with CoolSys on equipment installation, maintenance, and refrigeration service for the same enterprise retail/grocery/industrial accounts.
- Carrier Global: HVAC-R OEM and service provider with commercial refrigeration service operations. Direct overlap on CO2/Natural refrigerant retrofit demand and commercial refrigeration service contracts.
- ABM Industries: Public national facility services provider with HVAC maintenance, energy services, and integrated facility management for multi-site operators. Competes for the same key account contracts as CoolSys.
Others
- Watsco: Largest US HVAC distribution company. Touches CoolSys' equipment sourcing line but competes only indirectly through distribution and contractor relationships rather than service delivery.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
CoolSys social profiles
Digital presenceCoolSys financial estimates
Financial estimateRevenue estimate
Valuation estimate
CoolSys leadership team
Management profileNumber of profiles
Profiles9 records
CoolSys subsidiaries and ownership
Company hierarchySubsidiaries6 records
CoolSys funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CoolSys M&A and investment
M&A and investmentM&A21 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CoolSys
What does CoolSys do?
CoolSys is a national provider of commercial and industrial refrigeration and HVAC services delivering end-to-end lifecycle solutions including engineering, installation, preventive maintenance, emergency repair, refrigerant compliance, energy optimization, and used asset recovery. The company operates a self-performing technician network of 2,500+ technicians across 110+ branches nationwide, serving 4,200+ customers across 42,500+ locations with 600,000+ work orders completed annually. Its offerings span CO2/transcritical refrigeration systems, combined heat and power (CHP) energy resilience, MEPR/FP engineering design, and centralized refrigerant compliance management.
Is CoolSys a public or private company?
CoolSys is a private company. It is classified as private equity controlled and is currently operating.
When was CoolSys founded?
CoolSys was founded in 1998. It employs 1,001 to 5,000 people.
Where is CoolSys based?
CoolSys is headquartered in Anaheim, United States, in the North America region.
How does CoolSys make money?
Eight revenue lines are on record. HVAC-R Installation Services are the primary driver. The others are preventive Maintenance Programs, emergency Repair Services, engineering and Design Consulting, energy Optimization Services, used Asset Recovery, equipment Sourcing and Sales and refrigerant Compliance Management.
Who are CoolSys's main competitors?
Direct peers on record are Service Logic, ACCO Engineered Systems and Limbach Holdings. Broad incumbents are Comfort Systems USA, EMCOR Group, APi Group, Trane Technologies, Carrier Global and ABM Industries. Watsco is listed as an others.
Does CoolSys have an API?
No public API is recorded for CoolSys.
What industry is CoolSys in?
CoolSys's product category is Commercial HVAC-R Services. Its primary akta.pro industry code is BPABACAG, Chillers, Boilers & Central Plant Operations, with a secondary code of HSAOAJAG, Compressor, Condenser & Evaporator Service. Its NAICS code is 33341 and its SIC code is 3585.