Watsco to buy $230 million HVAC distributor Jackson Supply

Watsco on Tuesday announced that it will acquire Jackson Supply Company, an HVAC distributor with 25 locations across the Sunbelt, including Texas, Tennessee, Oklahoma, and Arizona. 

• The purchase price was not disclosed, but Jackson generated $230 million in revenue in 2025, according to the announcement.  
• The company distributes Goodman and Amana equipment, as well as parts and supplies from approximately 200 vendors.
• It will continue to operate as an independent business, with existing management remaining in place. 

What they’re saying: “Partnering with Watsco was the logical choice — Jackson Supply will retain its identity, culture, and the unique approach to serving HVAC contractors that has made us so successful,” Jackson Supply Chairman Jim Durrett said in a statement. “We have ambitious growth plans and are ready to capitalize on the opportunities ahead.”

Zoom out: Watsco on Tuesday also announced Q1 earnings. “First quarter 2026 results reflect a 9 [percent] increase in average selling price for HVAC equipment from a higher sales mix of A2L products and higher-efficiency HVAC equipment, offset by lower unit volumes,” a news release stated, adding that total U.S. sales grew two percent year-over-year.

• Go deeper: The company saw a one percent year-over-year decrease in HVAC equipment sales, which represent 65 percent of total sales, and a four percent increase in sales of “other HVAC products,” which represent 30 percent of total sales.

Of note: In early April, President Trump announced changes to Section 232 tariffs, which are poised to affect the industry in the near term, as Homepros previously reported. 

• “We’ve had a number of price increases to date, which have already become public… And we are going to have a price increase pretty much across the board, I believe,” Watsco CEO Albert Nahmad said of the changes on the company’s earnings call.
• “But we’ll just have to wait until probably the second quarter [to] know for sure exactly what those price increases look like,” he added.

Editor’s note: This article has been updated.