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

Nortek Inc. announced that it has acquired the HVAC distribution business of privately owned Phoenix Wholesale Inc. Operating out of five facilities in Arizona, including locations in Flagstaff, Tempe, and Tucson, the business will be integrated into Nortek’s Residential Heating and Cooling (RHC) segment.

RectorSeal Corp., a leading Houston-based manufacturer of chemical and specialty products for professional tradesmen, has acquired the Polyslab™, Evo-Crete™, and related HVAC brands from Evolve Composites Pty Ltd, based in Queensland, Australia. Evolve manufactures a range of products for HVAC systems.

Service Experts Heating & Air Conditioning has announced the acquisition of Bryans Road, Maryland-based A-Plus Air Conditioning & Heating Co. The multimillion dollar purchase allows Service Experts to expand its footprint into northeast Virginia and south central Maryland.

Ameresco Inc., an energy efficiency and renewable energy company, announced that it has acquired the energy consultancy and energy project management business of Energyexcel LLP, an independent energy services provider in Central London, United Kingdom.

The Dwyer Group® Inc., one of the world’s largest franchising companies of trade service brands including Aire Serv, a heating and cooling brand, announced it has been acquired for the second time by The Riverside Co., a private equity fund with locations in North America, Europe, and Asia.

CLEAResult, a leader in designing and implementing energy efficiency programs for utilities, governments, schools, and businesses, announced that it has acquired Populus LLC, headquartered in Boulder, Colorado. Terms of the transaction were not disclosed.

Aeroseal LLC, the owner and licensee of Aeroseal duct sealing technology, announced that it has acquired Comfort Institute (CI), a leading provider of home performance equipment and training for the HVAC industry.

Samsung Electronics Co. Ltd. announced that it has entered into an agreement to acquire SmartThings, a leading open platform for the smart home. Samsung said that, with its resources, SmartThings will be able to expand its platform and support even more devices.

ABM announced that ABM Building & Energy Solutions, a business unit of ABM Facility Solutions Group, has acquired Airco Commercial Services Inc., a Northern California provider of HVAC service, energy solutions, and building controls for commercial and industrial buildings.