Merger will Boost Availability of Innovative Thermostats to HVAC/R Distributors

May 24, 2023 (Duluth, Ga.) – DiversiTech^® Corp., North America’s leading manufacturer and supplier of components and related products for heating, ventilation, air conditioning and refrigeration (HVAC/R), entered into a definitive agreement to purchase Pro1 Thermostats, a leader in heating and cooling technology. This acquisition will reinforce DiversiTech’s position in the HVAC/R Industry and expand its product offerings.

Pro1 Thermostats has a proven track record of delivering innovative products to the HVAC/R Industry, making it a perfect fit for DiversiTech. The successful launch of the next generation of thermostats and Pro1 Connect App offers simple, affordable & professional WIFI thermostat models designed for nearly every application. The Pro1 WIFI models are easy to install, simple to operate and provide the convenience to operate your thermostat from anywhere.

“We are thrilled to be joining forces with the team at Pro1,” said Andy Bergdoll, CEO of DiversiTech. “Their focus on developing contractor friendly control solutions as well as their commitment to the professional channel makes them a great fit with DiversiTech. We look forward to supporting Pro1’s product development program and enabling them to leverage DiversiTech resources and infrastructure to build even stronger wholesaler partnerships.”

“Pro1 was founded in 2007 with the mission to exclusively focus and service the needs of the HVAC/R Contractor base,” said Jeff Edgar, Pro1 Founder. “I’m thrilled that the Pro1 brand, HVAC/R Contractor focus, and strong industry reputation will grow even stronger under the DiversiTech portfolio.”

“We’re excited to join DiversiTech and accelerate our growth plan,” stated Steve Mykytyn, Pro1 President. “Equally important is that our company values are aligned on the focus on the professional HVAC/R trade. I am honored to be joining the DiversiTech team and to have the chance to work with some of the best minds in the industry,” he said. “Together, we will build on Pro1’s strong foundation and take it to the next level.”

For more information about DiversiTech, visit diversitech.com
For more information about Pro1, visit pro1iaq.com

About DiversiTech^®

Founded in 1971, DiversiTech^® Corporation is North America’s largest manufacturer of equipment pads and a leading manufacturer and supplier of components and related products for the heating, ventilating, air conditioning, and refrigeration (HVAC/R) industry. Headquartered in the Atlanta, Ga. metropolitan area, DiversiTech’s mission for its wholesaler partners is to simplify their work. The Company is focused on growth through internal product development, external partnerships, and acquisition. Manufacturing a suite of products, which includes a wide range of mechanical, electrical, chemical, and structural parts for HVAC/R systems, DiversiTech brings unparalleled scaling capabilities and supplier expertise. The Company holds numerous patents and operates an advanced R & D materials division dedicated to bringing more value to its customers. The Company maintains over 1 million square feet of manufacturing and distribution space in key U.S., Canadian and European locations. DiversiTech has enjoyed a continued history of successful growth and has acquired industry recognized brand names including Fresh-Aire UV^®, hilmor^®, Packard, Quick-Sling^®, and SpeedClean^®.

About Pro1

PRO1 is a USA-based technology company founded in 2007. Headquartered in Broomfield, Colorado, PRO1 manufactures HVAC controls and other indoor air quality products. Since inception, it has been dedicated to the professional HVAC industry and has grown to be one of the largest and most popular thermostat brands in North America.

DiversiTech^® and the DiversiTech chevron are registered trademarks of DiversiTech Corporation in the United States and other countries.