Announced
Completed
Financials
Tags
Completed
Single Bidder
Friendly
Acquisition
Private Equity
Domestic
Diversified Industrials
HVAC manufacturing company
United States
Majority
Private
Synopsis
H.I.G. Capital, a global alternative investment firm, completed the acquisition of Hart & Cooley, a manufacturer of HVAC and air distribution products, from Johnson Controls International, an American Irish-domiciled multinational conglomerate. Financial terms were not disclosed. “This partnership will allow us to continue our focus on growth and innovation along with operational improvements that will provide new opportunities to serve our customers," Jim Kaboski, Hart & Cooley Chief Operating Officer.
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