Announced
Completed
Synopsis
Hobbs & Associates, a provider of comprehensive HVAC solutions, completed the acquisition of Advanced Thermal Solutions, a manufacturer of thermal management solutions. Financial terms were not disclosed. “We are thrilled to continue our growth journey, with support from MDP, as we build upon our capabilities for customers and enhance our relationships with manufacturers across different regions throughout the country. We are excited to welcome prominent regional HVAC companies to our family. Together, we believe we will be even better positioned to work with manufacturers and provide customers high-quality HVAC products and services," Brad Hobbs, Hobbs CEO.
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