The HVAC equipment supplier had been part of Platinum Equity’s MARS distribution platform, which has undergone a series of divestment and acquisition moves since 2024. Heat Controller serves distributors through its Comfort-Aire and Century brands.
The deal marks ADH’s second acquisition since its 2024 formation by Tigertail Capital Partners and expands the HVAC distribution platform with six Midwest locations.
It nets Ferguson nearly two dozen branch locations between two traditional distributors and four manufacturers rep agencies in for the company’s Waterworks, HVAC and Industrial units. We detail who these six companies are here.
The deal nets Watsco 25 Sunbelt locations and $230 million in added revenue.
Two new lawsuits filed in April expand antitrust claims against major HVAC OEMs, alleging a multi-year price-fixing scheme that overcharged contractors and distributors — building on a similar class action first filed in March.
This is the 10th acquisition for Rensa Filtration since 2022.
Seven major HVAC manufacturers are named in a federal class action lawsuit alleging coordinated price-fixing that began during the COVID-19 pandemic.
After 4 years at NAW, they will now lead and shape the future of training programs for over 9,000 employees at local companies and service companies of Winsupply.
Set to complete by mid-year, it represents a new product vertical for building materials-oriented SRS, netting it 42 locations across the Southeast U.S.
Adding 1.6 million square feet of space, the projects are expected to complete by fall of 2027.
A modest January same-day sales decline follows a larger decline in December, though HARDI said the soft past couple months isn’t out of the ordinary for seasonality.
Nonres markets and supplier pricing carried growth throughout the year as margins, profit and EBITDA each expanded.
