Expanding product offerings and geographical footprint
April 19, 2017
Permira announced that a company backed by the Permira funds has signed a definitive agreement to acquire DiversiTech from an affiliate of The Jordan Co. LP. As part of the transaction, the senior management team led by Jim Prescott, president and CEO, will remain significant owners of the company.
Provides HVAC wholesalers and contractors with additional products
March 31, 2017
DiversiTech® Corp. announced that it has purchased Rapid Positioning Clips Ltd. (RPC). The acquisition, completed on March 22, provides HVACR distributors and contractors with another useful product line they can use to grow their businesses and simplify their work.
Branches become part of Source 1 HVAC Supply Network
March 16, 2017
Johnson Controls has acquired M&A Supply Co. Inc.’s five successful York® branches in the southeast markets of South Carolina, Georgia, and Florida. The branches will become part of the Source 1™ HVAC Supply network.
Syntac to continue operations as Shurtape Specialty Coating LLC
March 2, 2017
Shurtape is a fifth-generation, family owned, global business that delivers tape solutions to the packaging, building and construction, DIY, HVAC, industrial, maintenance, repair and operations (MRO), arts and entertainment, and transportation industries. Syntac was established in 2001 and designs high performance industrial adhesive and tape products for automotive, medical, construction, graphic arts, sound control, and product assembly applications.
The facility was formerly known as the Laurus Technical Institute
March 1, 2017
Reliable Heating & Air, a provider of heating, air conditioning, plumbing, electrical, and home performance residential and commercial service acquired an HVACR technical school. The school is located at 9540 Tara Boulevard in Jonesboro, Georgia. The facility was formerly known as the Laurus Technical Institute and is currently undergoing renovation in anticipation of accepting students by summer 2017. This marks the second acquisition by Reliable Heating & Air in the past year.
Bradford White Water Heaters, provider of the AeroTherm™ Series Heat Pump Water Heater, has completed an agreement to acquire production assets from the heat pump water heater operations of GE Appliances (GEA), a Haier company.
Expanding presence in Dallas and Fort Worth markets
February 15, 2017
The Wrench Group, a home maintenance and repair company specializing in heating, ventilation, air conditioning, plumbing, and electrical services, announced the acquisition of Baker Brothers in a deal aimed at expanding its presence in the Dallas market.
Entech Sales and Service Inc. announced they are acquiring Oklahoma City-based Logical Building Solutions Inc. Entech will merge all assets and operations of LBS into its existing business structure. Entech’s new Oklahoma City office will operate under the name Logical Building Systems.