Fulcrum Capital Partners Announces Equity Investment in Arctic Chiller Group
Founded in 1989, Arctic Chiller Group (“Arctic” or the “Company”) is a manufacturer of modular and high efficiency chillers that are utilized in commercial and industrial cooling applications throughout North America. The benefits of Arctic’s modular and high efficiency chillers include redundancy, energy efficiency, installation accessibility and low total cost of ownership. The Company primarily serves the North American non-residential retrofit market with end consumers across several industries including Fortune 500 companies, government agencies and professional sports franchises. Arctic is headquartered in Brampton, Ontario with additional manufacturing facilities in Newberry, South Carolina.
Fulcrum Capital Partners has partnered with the existing management team to provide growth capital to support the rapid and continued growth of the Company. The investment was funded by Fulcrum Capital’s Private Equity Fund IV and marks the tenth investment in that fund.