“We are thrilled to take an important next step in 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,” said Hobbs CEO Brad Hobbs.
“The Paradise and Tim Ferguson teams have built amazing companies through a dedication to their employees and exceptional customer service,” said John Cerasuolo, the CEO of Leap Partners.
Coil Design has supported Baltimore Aircoil's TrilliumSeries adiabatic products and also achieved impressive growth with its direct customers, a press release from BAC said.
Under the agreement, Presidential Heating & Air Conditioning will continue to operate under its current name and branding. Southern Home Services said it’s committed to retaining all current Presidential employees.
“The acquisition of California Economizer and its Zonex Systems brings together the two oldest manufacturers of zoning dampers and zone-control systems,” said Dick Foster, the president of Zonefirst and its parent company, Trolex Corp.
Founded in 1964, Gateway Supply has annual sales of approximately $180 million and serves approximately 4,000 customers from 15 locations in South Carolina and one location in North Carolina.
