International Business Exchange (IBEX) successfully brokered the sale of the business Advanced Refrigeration & Air in Blanco, Texas on February 28, 2018 to a private individual. IBEX acted as the merger and acquisition advisor to the deal, helping the business owner list, market, wade through buyers, due diligence and close the deal. The Company is an established commercial and industrial refrigeration and air conditioning company. The Company services commercial refrigeration units in restaurants, hotels, groceries and food chains. The Company has a full service factory trained technician organization that is in the field operations and on call 24/7. The Company’s primary focus is commercial air conditioning and refrigeration, service, maintenance and repair. The key industries that the Company services are restaurants, hotels, convenience stores/groceries, medical offices and hospitals. The typical systems that are serviced are air conditioning systems up to 30 ton, walk-in coolers, walk-in freezers, commercial ice makers and ventilation. The primary service market that the Company identifies to be their trade territory consists of central Texas, with the largest percentage of business coming from the San Antonio TX market area, as well as some customers in the Austin, TX area. This gives the Company some added strength for gaining market share with their quality of work and service response in a very rapidly growth market between San Antonio, TX and Austin, TX. The tech service personnel are all factory trained technician. This experience, coupled with the quality reputation that has been built with the customers, has positioned the Company for continued growth for the future in their marketplace. The Company has established themselves with their customers for being very fair and competitive with their service and equipment pricing. Some of the key customers that the Company has on monthly service agreements are: Darden Corporation (Red Lobster), Timewise Convenience Stores, Texas Road House Restaurants, and Healthcare Realty.