Acquisition Provides HVAC/R Distributors and Technicians Access to State-of-the-Art Flaring and Swaging Tools. DiversiTech Corp., a leading aftermarket manufacturer and supplier of highly-engineered components for residential and light commercial heating, ventilating, air conditioning and refrigeration (HVAC/R), announced today that it has acquired SPIN® Tools from Cimport, a Brazilian company with over 20 years experience in the HVAC Market. The acquisition was completed on September 30, 2020. SPIN Tools use a high temperature method… Read More
acquisition
Winsupply Acquires Avon Supply Co., Boston-area Supplier of Plumbing, Heating
Winsupply Inc., one of the largest distributors in the nation, has completed the purchase of substantially all the assets of Avon Supply Co., a plumbing and heating wholesale distributor primarily serving the greater Boston market. Details of the purchase were not disclosed. Avon Supply Co. is located in Wakefield, Mass., and serves area contractors in Boston and southern New Hampshire with plumbing, boilers and hydronic heating supplies for new construction, remodeling, maintenance and repair. Avon… Read More
Hart & Cooley, LLC Acquired by an Affiliate of H.I.G. Capital Creating a Standalone Company
Hart & Cooley LLC, a leading manufacturer of air distribution products for residential and commercial HVAC markets, announced today its ownership has transferred from Johnson Controls International plc to an affiliate of H.I.G. Capital (“H.I.G.”), a Miami-based global private equity firm. H.I.G. is investing in Hart & Cooley to make them an independent entity once again and secure their future as a leading provider of HVAC products. Jim Kaboski, Hart & Cooley “We are excited… Read More
Craft Work Capital Partners, LLC Announces Investment in Rogers Mechanical Contractors, Inc.
Craft Work Capital Partners, LLC (“Craft Work”) is pleased to announce the completion of a control investment in Rogers Mechanical Contractors, Inc. (“Rogers” or the “Company”). The Company will continue to be led by Dustin Rogers, who will remain as CEO, and Dustin’s leadership team. Founded in 1962 and based in Villa Rica, Georgia, Rogers is a leading national provider of mechanical, HVAC and plumbing contracting services to industrial, commercial and institutional clients, specializing in… Read More
Clearent Acquires Field-Services-Management Solution Wintac
Payment-solutions provider Clearent has acquired Wintac, a field-service-management software solution primarily targeting residential contractors providing HVAC, plumbing, electrical and other home-repair services. Purchased from Dundee, Illinois-based Davisware, LLC, Wintac will become part of FieldEdge, a wholly owned subsidiary of Clearent. Financial terms of the transaction were not disclosed. Clearent announced the move as the latest example of its effort to grow market share in the mechanical contractor/field-services-management (FSM) segment. The addition of Wintac will… Read More
Airthings Acquires Airtight
Airthings, a global authority in indoor air quality and producer of award-winning radon and indoor air quality monitors, has acquired Airtight, a Norwegian proptech company that develops smart sensor technology to significantly reduce energy waste from buildings. With the acquisition, Airthings emerges as a dominant market leader in helping businesses around the world use air quality and environmental data to improve energy efficiency, comfort and to ensure a healthy, productive indoor environment. We spend more… Read More
