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NewsHVAC Breaking News

Resolute Industrial Acquires the Assets of DriExpress and Empire Holdings

Further expands specialty HVACR equipment offering and geographic reach

Breaking News - The ACHR NEWS
The ACHR NEWS
August 12, 2020

INDIANAPOLIS — Resolute Industrial Holdings LLC announced that it has acquired the assets of DriExpress LLC and Empire Holdings LLC. Terms of the transaction were not disclosed.

DriExpress and Empire, founded in 2008 and 2015, respectively, have served the U.S. market with operations in the Northeast, Gulf Coast and Southeast, Midwest, and West Coast.

William Leo, the owner of Empire, and a team of project managers have joined Resolute and will continue to serve their customers. Pete Miko, the owner of DriExpress, will continue to support Resolute as an independent sales representative for new projects.

“DriExpress and Empire strongly complement our growing rental fleet and service offerings, allowing us to better serve our customers,” said Mike McGraw, CEO of Resolute. “With this acquisition of over 5,000 assets, we have expanded our rental division to include Mobile DRI – Disaster Resource Solutions, while increasing our geographic coverage and specific expertise in a fragmented and rapidly evolving restoration services industry. We welcome William and his team, who are incredible additions to our Company.”

“Joining Resolute is an exciting next step for our customers and employees,” said Leo. “With access to Resolute’s financial and operational resources and support, we look forward to continuing our track record of growth and customer excellence. We are pleased to share a bright future with our new team.”

“We’re proud to become part of Resolute, a long-standing industry leader in temporary climate control and power solutions, and we look forward to enhancing Resolute’s offerings with our team’s experience in disaster restoration and storm work support,” said Miko.

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KEYWORDS: acquisitions in the HVAC Industry

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