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HVAC Commercial MarketHVAC Breaking News HVAC Distribution News

Distributor HTS Acquires Hydronics Rep Firm Oslin Nation

HTS logo.jpg

Independent commercial HVAC distributor HTS is acquiring Oslin Nation Co., an 80-year-old company that represents hydronics manufacturers.

Courtesy of HTS

June 16, 2023

HOUSTON — Independent commercial HVAC distributor HTS has agreed with the owners of Oslin Nation Co. to acquire the 80-year-old firm, which represents hydronics manufacturers.

The move will enhance the HVAC and building automation offerings at HTS, the company said in a press release. Financial details of the transaction were not disclosed.

In the province of Ontario, Canada, HTS enjoys a strong relationship with Xylem, one of Oslin Nation’s cornerstone suppliers.

“HTS is already entrenched in the hydronic marketplace in the province of Ontario, so the addition of the Oslin Nation family naturally fits into our Texas business and overall strategy and vision,” said Mike Donovan, president of Houston-based HTS Texas. “This is an opportunity to significantly grow our business with leading suppliers of hydronic products and systems to the commercial and industrial building space.”

Oslin Nation’s 80 employees will join 255 HTS Texas employees, though no staffing, branding or operational changes are planned.

“We weren’t looking to be acquired, but we are extremely excited to join the HTS team,” said Mike Barnett, a co-owner of Oslin Nation, who along with co-owner Steven Lipe will continue to run Oslin Nation and will join the HTS Texas board as directors. “The HTS local leadership team has the same strong shared values and principles we prioritize to build a great work environment, great culture, and strong and loyal teams.”

“We’ve contemplated this acquisition for over a year, and we believe this acquisition will catapult our presence and unique offerings within the Texas marketplace and allow Oslin Nation’s employees and our main supplier partners to continue to flourish in the Texas marketplace,” said HTS Texas principal Stephen Poles, who heads the HTS Dallas-Fort Worth operation.

HTS represents more than 100 HVAC suppliers and has approximately 1,500 employees in 24 cities across the U.S. and Canada.

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KEYWORDS: acquisitions in the HVAC Industry distribution and HVACR distributors and suppliers HVAC distributor acquisitions hydronics

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