Announced
Completed
Financials
Tags
Friendly
United States
Acquisition
Multi-Utilities
HVAC distributor
Single Bidder
Completed
Domestic
Private
Majority
Private Equity
Synopsis
Investcorp-backed Shearer Supply, an independent distributor of HVAC equipment for residential and commercial properties, completed the acquisition of Climatic Comfort Products, a distributor of American standard heating & air conditioning equipment, from The Climatic, a HVAC distribution subsidiary company. Financial terms were not disclosed. “The acquisition of CCP fits well with our strategy of acquiring complementary businesses located in attractive geographies representing best-in-class equipment manufacturers,” Michelle Shearer-Rodriguez, Shearer Supply CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.