Capitol Engineering Company Asset Profile

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Year established

1937

Location

Newton MA US

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

Based in Massachusetts, US, and established in 1937, Capitol Engineering Company operates as a provider of engineering services of heating, ventilation, and air conditioning systems for the commercial, industrial, and institutional industries. Capitol engineering was founded by Clarence H. Chaisson, then later on joined by his son William T. Chaisson. After the passing of both Clarence and Bill, John G. Frugard took over the company's ownership in 2009 with an office currently located in Newton, Massachusetts. In February 2021, American Refrigeration Company Inc. acquired Capitol Engineering Company. The company provides design and installation, service and maintenance, monitoring, heating, ventilation, and air conditioning systems. As of February 2021, Capitol Engineering Company joined forces with American Refrigeration Company Inc. who is looking forward to helping the companys' operation and expansion.

Current Investors

American Refrigeration Company Inc.

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Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Heating, Cooling & Ventilation Equipment and Services

Website

www.capitol-eng.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Capitol Engineering Company	08 Feb 2021

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