The Arcticom Group Acquires Victory Construction and Refrigeration | Acquisition is The Arcticom Group’s first Colorado-based HVACR company
WALNUT CREEK, Calif. — The Arcticom Group (TAG) announced it has acquired Victory Construction and Refrigeration.
Financial terms of the deal were not disclosed. Victory is The Arcticom Group’s first Colorado-based HVACR company. TAG now has operations in California, Nevada, Alaska, Oregon, Washington, Idaho, Colorado, and Arizona.
“Victory is a well-run company with a great reputation along with a very impressive management team and group of technicians,” noted Jim Pape, CEO of The Arcticom Group. “Denver and the Front Range region represents an important market that connects well with our existing service area.”
“This is a really exciting development for our company and our clients and we are now even more well positioned for continued growth,” said Jim Elmore, co-owner of Victory Construction and Refrigeration.
“Working with The Arcticom group, we’ll continue to stay focused on executing our work with honesty and integrity, but will now have the benefit of enhanced infrastructure and access to customers we don’t currently serve, as well as robust employee training and development program,” added Tom Swafford, co-owner of Victory Construction and Refrigeration.