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NewsResidential ControlsCommercial ControlsHVAC Breaking News

DiversiTech Corp. to Acquire Pro1 Thermostats

DiversiTech® Corp., a manufacturer and supplier of HVACR components and related products, entered into a definitive agreement to purchase Pro1 Thermostats, a heating and cooling technology company. 

Image courtesy of DiversiTech Corp.

May 25, 2023

DULUTH, Ga. — DiversiTech® Corp., a manufacturer and supplier of HVACR components and related products, entered into a definitive agreement to purchase Pro1 Thermostats, a heating and cooling technology company. This acquisition is designed to reinforce DiversiTech’s position in the HVACR industry and expand its product offerings.

The launch of the company’s next generation of thermostats and Pro1 Connect App offers Wi-Fi thermostat models designed for nearly every application.

“We are thrilled to be joining forces with the team at Pro1,” said Andy Bergdoll, CEO, DiversiTech. “Their focus on developing contractor-friendly control solutions as well as their commitment to the professional channel makes them a great fit with DiversiTech. We look forward to supporting Pro1’s product development program and enabling them to leverage DiversiTech resources and infrastructure to build even stronger wholesaler partnerships.”    

“Pro1 was founded in 2007 with the mission to exclusively focus and service the needs of the HVACR contractor base,” said Jeff Edgar, founder, Pro1. “I'm thrilled that the Pro1 brand, HVACR contractor focus, and strong industry reputation will grow even stronger under the DiversiTech portfolio.”

“We’re excited to join DiversiTech and accelerate our growth plan,” said Steve Mykytyn, president, Pro1. “Equally important is that our company values are aligned on the focus on the professional HVACR trade. I am honored to be joining the DiversiTech team and to have the chance to work with some of the best minds in the industry. Together, we will build on Pro1’s strong foundation and take it to the next level."

For more information, visit www.diversitech.com.

 

 

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KEYWORDS: acquisitions in the HVAC Industry DiversiTech thermostat products

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