CES is a project-oriented business that designs, engineers and installs controlled environments including cold storage facilities, clean rooms and other climate-controlled spaces. In addition to providing temperature and other climate control solutions, CES fabricates products including insulated panels and doors, custom control systems and proprietary air handlers. 
 

Adelphi believes CES has and will continue to benefit from strong demand for cold storage which is being fueled by changing consumer tastes and purchasing patterns for healthy, fresh, prepared and e-commerce sourced foods. This demand driven organic growth driver is at the core of Adelphi’s investment thesis. Since Adelphi’s acquisition of CES in December 2019, the Company’s pipeline of projects has nearly doubled. In selling CES, its previous owners were looking to Adelphi and Don to execute not only an ownership transition/retirement plan, but a management transition as well.

Don currently serves as President & CEO of CES. Over the past year, Adelphi and Don have created and begun implementing a strategic plan to transition CES from an entrepreneurial owned and managed business to a professionally managed organization. CES will be equipped to execute on an aggressive organic and inorganic growth plan that capitalizes on the underlying demand drivers in cold storage, clean rooms and other end markets.