Specified Air Solutions has completed the acquisition of Dectron Inc. Terms of the deal were not disclosed.
Headquartered in Montreal, Quebec, Dectron is a provider of custom and semi-custom IAQ and HVAC systems for residential, commercial, institutional, and industrial applications.
“We’re enthused to become part of Specified Air Solutions. Not only does this union enhance our capabilities, but it also improves our ability to provide high performance, efficient, and cost effective solutions to our customers,” said Ness Lakdawala, Dectron Internationale’s CEO.
Specified Air Solutions’ product offerings include HVAC brands such as Addison, Rapid, Weather-Rite, Bananza, Phoenix Air Systems, Combat, and the makers of CoRayVac®, Roberts-Gordon. The company serves several market applications including manufacturing facilities, warehouses, educational facilities, commercial buildings, health care facilities, food processing plants, and many more.
According to Charley Brown, president and CEO of Specified Air Solutions, “Dectron has over 40 years’ experience in indoor pool dehumidification, making it a powerful leader in this market. As such, it is a natural fit with Specified Air's broad portfolio of leadership products that address many unique HVAC applications.”
Specified Air Solutions, formerly Roberts Gordon LLC, was acquired by The Sterling Group, a middle market private equity firm based in Houston, TX, in July 2014. The acquisition of Dectron is consistent with The Sterling Group’s plans for additional investment in complementary HVAC products and companies.