Rheem parent moves forward with Fujitsu HVAC acquisition
The company has completed its tender offer for Fujitsu's HVAC subsidiary, nearly five months after announcing the deal
M&A
Columbia Home Services, P1 Service Group near merger
The deal will mark the third platform-level HVAC transaction this year, and represents the first true merger between established groups
Air Pros lines up buyers in bankruptcy case, docs show
The company has designated successful bidders for each of its business units, as part of its Chapter 11 bankruptcy case, per court records
Redwood Services to land majority investment in $1.1 billion deal
The company is set to receive a majority investment from Toronto-based Altas Partners, according to people familiar with the matter
Merger forms major Midwest HVAC distributor
Two distributors last week announced a merger, forming the Midwest's largest independent wholesaler of Johnson Controls equipment
HVAC distributor acquires Coastal Supply, RJ Murray
The deals mark the second Northeast-focused distributor acquisition announced within the past 30 days
Koch Air acquires Standard Air, expands into Northeast
The acquisition adds to Koch Air's business four locations serving contractors across Maryland, Ohio, Pennsylvania, and West Virginia
HVAC investors eye M&A uptick in 2025
Following a period of high interest rates and economic uncertainty, the HVAC investor community is optimistic about this year
Rheem parent to buy Fujitsu’s HVAC business for $1.6 billion
The deal marks the third major OEM acquisition announced in the past six months
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M&A, international expansion, and what’s next for the HFC phasedown