Midwest Cooling Tower Services enters Cooling Tower Distribution Market

USA - English

• USA - English

KROTZ SPRINGS, La., Nov. 14, 2018 /PRNewswire/ -- Midwest Cooling Tower Services ("Midwest") has acquired certain assets of Cooling Tower Resources, Inc. ("CTR"), a cooling tower parts distributor and fabricator with customers around the world. CTR has a history of providing quality fiberglass and wood parts to a range of industrial customers from cooling tower OEMs to service providers. The deal includes the acquisition of real estate owned by a related party located in Baytown, TX. This location is strategic in that it will allow for Midwest to better service its current and future customer base. To lead its new Cooling Tower Resources division, Midwest has hired industry veteran Shane Schmidt.

"The CTR acquisition, including entering distribution and having a presence in Baytown, TX, will allow us to continue to strategically grow our maintenance services and rental cooling tower businesses. The new capabilities will allow us to better service our clients' needs," said Midwest President Daniel Wiltz. "We welcome CTR to the family and are excited to have Shane Schmidt onboard to run our distribution business."

About Midwest Cooling Tower Services

Midwest Cooling Tower Services, a portfolio company of Dorilton Capital Advisors, is a full service cooling tower repair and rebuild company. They offer a range of cooling tower maintenance and services, including upgrades, repairs, emergency work, basin cleaning and inspections. Midwest also provides rental cooling tower units for replacement or augmented cooling capacity. For more information, visit Midwest's website at www.mwcts.com/.

About Dorilton Capital Advisors

Dorilton Capital Advisors ("Dorilton") is a family equity office that provides long term, patient capital to lower middle market companies across a variety of industries. As a partner, Dorilton works with entrepreneurs on growth while preserving the legacy and culture of their companies. For more information, visit Dorilton's website at www.doriltoncapital.com/.

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SOURCE Midwest Cooling Tower Services