M&A

Rheem parent finalizes acquisition of Fujitsu General
HVAC

Rheem parent finalizes acquisition of Fujitsu General

The Friday announcement comes over seven months after the two companies first announced the deal in January

SF&P Advisors CEO on the HVAC M&A market
HVAC

SF&P Advisors CEO on the HVAC M&A market

A candid conversation about the state of the M&A market, including buyer demand, EBITDA multiples, and what's next

Lennox to acquire HVAC parts brands for $550 million
HVAC

Lennox to acquire HVAC parts brands for $550 million

The company announced Monday that it's purchasing the HVAC division of NSI Industries, which includes several parts and accessories brands

SupplyHouse lands private equity investment
HVAC

SupplyHouse lands private equity investment

The HVAC-focused e-commerce distributor has received a strategic investment from private equity giant KKR, the company announced Thursday

Rheem parent moves forward with Fujitsu HVAC acquisition
HVAC

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

Columbia Home Services, P1 Service Group near merger
HVAC

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
HVAC

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
HVAC

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
HVAC

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
HVAC

HVAC distributor acquires Coastal Supply, RJ Murray

The deals mark the second Northeast-focused distributor acquisition announced within the past 30 days