BOUCHERVILLE, QC and VALLEY VIEW — The Master Group, a Canadian HVACR industry distributors, announced the acquisition of Refrigeration Sales Corporation (RSC), based in Ohio.
RSC, founded in 1945, is an independent distributor specializing in heating, ventilation, air conditioning, and refrigeration products, serving Ohio and Western Pennsylvania through its whole server mission of service, speed, expertise, and relationships.
The acquisition provides The Master Group with extensive coverage in Ohio and Pennsylvania and represents a significant expansion of the Canadian group's footprint, marking its second acquisition in the United States.
"Our vision is to become the leading HVACR distributor in North America and when we considered strategic partners in the United States, RSC's reputation for excellence, quality management, and alignment with our core values made them a natural choice," said The Master Group CEO, Louis St-Laurent.
Neil McDougall, president of The Master Group, noted, "For nearly 80 years, RSC has built its reputation by relentlessly serving customers. I am extremely excited to work with their great team and help supercharge their growth aspirations."
The Master Group has committed to expanding its presence in the North American HVACR market, having secured significant growth capital from its long-term partnership with Novacap. This significant investment is fueling their latest strategic partnership with Ohio-based Refrigeration Sales Corporation (RSC).
RSC will continue to operate independently across Ohio and Pennsylvania with the current management team, led by Rhonda Wight, president and CEO.
"This strategic partnership with The Master Group offers many exciting opportunities. We share a passion for the industry and providing exceptional service. The RSC management team is confident that together we can do great things for our valued customers and partners," added Wight.
The Master Group and RSC's partnership will enable both companies to enhance their products, services, and value proposition to their customers. The partnership reflects the companies' shared commitment to quality, customer satisfaction, and innovation, and the acquisition is expected to create a significant growth opportunity for both organizations.
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