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Completed
Synopsis
Private equity firm H.I.G. Capital completed the acquisition of Hart & Cooley, a manufacturer of HVAC and air distribution products, from Johnson Controls, an American Irish-domiciled multinational conglomerate. Financial terms were not disclosed. "We are excited that H.I.G. has committed to investing in our business. They have a successful track record of adding value to companies like ours. 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 COO.
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