Announced
Financials
Tags
Single Bidder
United States
Friendly
Pending
Private
Specialty Retailers
Acquisition
Cross Border
Majority
hvac retailer
Synopsis
Beijer Ref, a distributor of commercial refrigeration, industrial refrigeration, and air conditioning, agreed to acquire Heritage Distribution Holdings, a wholesale distributor of HVAC/R equipment, parts, supplies, and customer service, from Gryphon Investors, a private equity firm. Financial terms were not disclosed. "Our vision was to build a multi-regional distribution platform that would become a leading HVAC/R brand in the Southeastern and Midwestern United States. We are proud to have supported the Company's growth while maintaining a focus on top-quality customer service across the entire family of brands," Craig Nikrant, Gryphon Operating Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.