The Carrier and Viessmann boards of directors have each approved the acquisition, which is expected to close around the end of 2023, subject to customary closing conditions and regulatory approvals.

MacArthur Company, a 110-year-old employee-owned leader in the distribution of building supplies, this week completed its acquisition of American Metals Supply, a leading wholesale distributor of sheet and coil steel, prefabricated duct and fittings, and a complete line of HVAC products. 

Sioux Center, Iowa-based Plumbing & Heating Wholesale (PHW) announced the acquisition of Kearney, Nebraska based plumbing and HVAC distributor Holmes Plumbing and Heating Supply. 

With two locations in Orangeburg and Fairfax, South Carolina, Huber Supply has been servicing the low country of South Carolina for over 50 years. 

Founded in 1963, Deacon is headquartered in Harleysville, a suburb of Philadelphia, with additional branches located in Marcus Hook and Camp Hill, Pennsylvania.

On Feb. 1, NIBCO announced it has acquired Matco-Norca and its subsidiary SVF Flow Controls.

Bay Electric Supply has been a family-owned and operated, full-line electrical supply store since its founding in 1978. This long-standing League City location now joins the more than 60 Coburn’s branches and Showrooms alongside three Coburn’s distribution centers to serve customers across the South. 

The benefits of buying companies are vast. In this article, I will explore the reasons for buying a company today that will benefit your company in the future. There is an entire industry built around the idea of “buy to sell,” — private equity.

Coburn Supply Co. announced the acquisition of Chris-More – a leading plumbing wholesaler with three locations in Tennessee.

An exit strategy is a contingency plan for a person to exit a business in the event that it meets a substantial profit or it becomes no longer profitable. Investors, business owners, traders, or venture capitalists may plan exit strategies when become involved with a business. The purpose of an exit strategy is to limit losses or maximize personal profit when the exit occurs.