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Chinook Capital Advisors represents owner of Oregon-based Arjae HVAC and Mechanical Services in acquisition by CoolSys


Chinook Capital Advisors, a leading M&A advisory firm serving the needs of Pacific Northwest business owners, served as the exclusive advisor to Arjae HVAC and Mechanical Services (“Arjae”) in its acquisition by CoolSys, a portfolio company of Audax Group (“CoolSys”).

Located in Milwaukie, Oregon, a suburb of Portland, Arjae specializes in ductwork fabrication, HVAC installation, and HVAC maintenance and repair services. Arjae is a leading service provider in the Portland market and has a well-earned reputation for quality and deliverability.

“When I met with Chinook, it was very clear that they were experienced and had a transparent plan to get a deal completed,” commented Ken Klunder, Arjae owner. “Their personalities and candor were a good fit for me. From their initial presentation down to the final hours before closing, they had my interests in mind. Chinook is a great team, and they executed on all aspects of the deal. I made the right choice when I signed up with Chinook.”

“We are grateful to have represented the Arjae team. Arjae is a growing company in a dynamic market, and the ability to find a partner in CoolSys allows the company to accelerate its growth and provide a stable and exciting future for the whole team,” added Ed Kirk, co-founder of Chinook.

“Ken was a pleasure to work with,” added John O’Dore, co-founder of Chinook. “His leadership and industry expertise contributed to a smooth process. We were honored to represent him during his transition from owning a local Portland company to being part of a national firm with additional resources to win more regional business. We wish him and the whole Arjae team all the best.”



Chinook Capital Advisors, based in Kirkland, WA, is a leading M&A advisory firm serving the needs of Pacific Northwest business owners. We help businesses prepare for and execute business ownership transition events.

Our expertise includes sell-side advisory/seller representation services, recapitalizations, advisory board/transaction preparation services, and other services including business valuation and debt advisory. Chinook serves many of the key industries that drive the Pacific Northwest economy, including manufacturing, distribution, business services, technology, healthcare, and consumer.

We welcome inquiries from business owners wanting to discuss business valuation, M&A market updates, or how to build value towards a future exit or recapitalization.