Articles Tagged with ''acquisitions in the HVAC Industry''

The Sterling Group, a middle market private equity firm, has completed the acquisition of PoolPak International LLC. PoolPak is a leading manufacturer of dehumidification systems for large athletic pools, natatoriums in schools and universities, commercial pools and hotel/motel leisure pools.

GDI Integrated Facility Services Inc. announced that it and its wholly-owned subsidiary Ainsworth Inc. have entered into an agreement to acquire Direct Energy Business Services Limited, doing business as Airtron Canada, a subsidiary of Direct Energy Marketing Limited.

Swegon, a leading producer and supplier of indoor climate systems and products, announced it has acquired Ruskin Air Management Ltd (RAML) from Johnson Controls International plc.

Yenni Capital, a private equity investment firm, announced that it has acquired Steven Feller P.E., an engineering design services company whose capabilities include HVAC, electrical, plumbing, and fire suppression. Financial terms of the transaction were not disclosed. 

The Master Group Inc. announced it has purchased the distribution operations of Johnson Controls’ Unitary Products Group (York®) branches based in Oakville and Markham, Ontario. The two branches will operate as The Master Group.

DK Energy US, a subsidiary of the EDF Group tasked with growing Dalkia’s business in the U.S., has acquired Groom Energy Solutions LLC. Groom Energy delivers commercial and industrial solutions spanning advising, designing, building, maintaining, and financing projects to enhance energy efficiency.

Morsco Inc., a distributor of commercial and residential plumbing products, HVAC equipment, and pipe, valves and fittings (PVF), announced it has signed an agreement to acquire Fortiline Waterworks, one of the largest waterworks distributors in the U.S., as its waterworks distribution platform.

Superior Holding Inc. has acquired the business assets of Richmond, Virginia-based English Boiler & Tube. English Boiler is a leader in the design and fabrication of packaged watertube boiler systems for large industrial applications.

Source Refrigeration & HVAC announced that it has partnered with management to acquire Refrigeration Solutions Inc. and Advanced Refrigeration Systems (together, RSI). Terms of the transaction were not disclosed.

Acco Engineered Systems announced that it will join forces with All Area Plumbing, a regional design-build plumbing contractor serving Southern California. Adding All Area Plumbing’s capabilities, Acco said it will strengthen its position as one of the largest mechanical contractors in the western United States.