Sustainable refrigeration company, CoolSys, has made its second acquisition in a week acquiring 1GNITE, an environmentally friendly asset recovery and facility services firm.
CoolSys will expand its sustainable solutions to include equipment decommissioning and recommercing while reinforcing its nationwide network and capabilities.
Chair and interim CEO at CoolSys, Rick Frier, said this latest acquisition reflects their commitment to expanding cost-effective solutions to customers.
“With 1GNITE, we strengthen our capabilities and build on our lifecycle solutions to offer a new sustainable and financially beneficial approach to asset recovery, equipment decommissioning and recommercing,” he said.
Headquartered in Frisco, Texas, 1GNITE provides used asset recovery solutions for mid-sized and large corporations. The company specialises in identifying ways to increase efficiencies, maximize value and transform waste into opportunities and resources for its clients.
1GNITE CEO, Brian Dick, said the company is excited to bring their unique solutions to new customers and new markets.
“We understand the demands and constraints faced by our clients and work to maximize the value of their used assets or surplus inventory while minimizing the cost of facility cleanouts and helping them achieve their ESG goals,” Dick said.
From engineering, design and installation to service and maintenance and energy optimization, CoolSys businesses cover the entire lifecycle of mission-critical HVAC and refrigeration systems.
It has more than 3,200 employees.