Littelfuse, Inc. (NASDAQ: LFUS), a global manufacturer of leading technologies in circuit protection, power control, and sensing, today announced it has acquired Hartland Controls. Headquartered in Rock Falls, Illinois, Hartland Controls is a manufacturer and leading supplier of electrical components used primarily in heating, ventilation, air conditioning, and refrigeration (HVAC/R) and other industrial and control systems applications. For 2020, Hartland Controls had sales of approximately $70 million. Peter Kim “Hartland Controls is a premier provider… Read More
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ServiceTitan Announces $500 Million Investment Led by Tiger Global Management and Sequoia Capital Global Equities
ServiceTitan, the world’s leading provider of software for the trades, today announced a $500 million round at an $8.3 billion valuation. The round was led by Tiger Global Management and Sequoia Capital Global Equities with participation from H.I.G. Growth Partners. Existing investors participated, including Arena Holdings, Battery Ventures, Bessemer Venture Partners, Dragoneer Investment Group, Durable Capital Partners LP, ICONIQ Growth, Index Ventures, and T. Rowe Price Associates, Inc. This milestone represents the highest valuation and… Read More
Victaulic Acquires Waupaca Foundry’s Lawrenceville, PA Manufacturing Facility
Victaulic, the world’s leading manufacturer of mechanical pipe joining, fire protection and flow control solutions has purchased a 220,000 square foot Waupaca manufacturing plant in Lawrenceville, PA. When operating at full capacity, the facility will increase Victaulic’s foundry production capacity by 70 percent in the U.S. and allow for future growth as Victaulic’s business demands increase. The facility, including two foundry molding lines, will also enable Victaulic to produce larger scale products. “The addition of… Read More
American Refrigeration Company Acquires Capitol Engineering Company
American Refrigeration Company (ARC), the largest independent commercial and industrial mission critical mechanical services company in New England, today announced it has acquired Capitol Engineering Co, a regional leader in the design, installation, and service of commercial/industrial HVAC systems. Financial terms of the transaction were not disclosed. John G. Frugard ARC currently serves more than 500 clients across the northeast region of the United States in the food and beverage, cold storage arena, pharmaceutical, and… Read More
F.W. Webb Company Acquires Danbury Plumbing and HVAC Supply Co.
F.W. Webb Company announced today the acquisition of Western Connecticut wholesale distributor, Danbury Plumbing and HVAC Supply Co. Effective today, the Danbury location will begin operating as F.W. Webb and as part of the transaction, the business’s Creative Bath will open as a Frank Webb Home retail showroom. “This acquisition increases our presence in Connecticut and means that we can now support more contractors across the state with our large inventory and dedicated customer service,”… Read More
Goodman Acquires Robinson Supply Company, Expands Presence in Northeast
Goodman Distribution, Inc., a subsidiary of Daikin Industries, Ltd. (DIL), the world’s largest manufacturer of heating, cooling, and refrigerant products, announced today the purchase of Robinson Plumbing & Heating Supply Co., Inc., an existing distributor of Goodman, Amana® and Daikin brand residential unitary and light commercial products in the Northeast. Ardee Toppe “The acquisition of Robinson supports our growth strategy and is a key step in expanding our distribution footprint in the Northeast,” said Ardee… Read More
