Market news
, 10 May 2022
291
CoolSys announced it has acquired Axiom Energy Solutions as the newest member of the CoolSys family of companies. With this acquisition, CoolSys will integrate the resources and capabilities of Axiom as a leading provider of energy efficiency solutions with CoolSys Energy Solutions to serve energy optimization (EO) customers nationwide. Both companies are widely known for their expertise and services within the retail grocery sector.
“Our acquisition of Axiom combines the power of two of the industry’s leading EO companies together into one unified energy solutions business that broadens our services portfolio and the value we bring to our customers across multiple market segments,” comments Adam Coffey, president and CEO of CoolSys. “Our acquisition of Axiom is just the beginning of the investments that we plan to make in bringing expanded capabilities to our CoolSys Energy Solutions customers.
Founded by Anthony Tippins, Axiom is a well-established provider of energy efficient equipment and technology solutions. The firm engineers customized solutions to address the energy, sustainability and compliance needs for companies across a range of industries including supermarkets, non-food retail, convenience stores, hospitality, healthcare and education.
“The entire Axiom team is thrilled to become part of the CoolSys family,” Tippins comments. “We have respected the energy-related work they have done in the market for years, and now, by combining our resources, solutions, experience and customer relationships with those of CoolSys Energy Solutions, we will be able to provide our customers with an even broader set of solutions and expand our market presence.
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