The acquisition of manufacturer and distributor AirX Climate Solutions marks Gryphon’s fourth investment in the HVAC value chain.
Latest In Mergers & Acquisitions
AMSCO will continue to operate under its own brand, in both distribution and marketing, according to a news release.
Sierramotion specializes in designing and engineering turn-key motion components and mechatronic solutions.
Tech-Syn is a distributor of seals, O-rings, hoses, fittings and other related products sold to a wide array of industrial customers.
The company added $780 million in combined revenue from acquisitions during its fiscal 2023, which ended July 31. Find a recap of the distribution giant's financials.
This represents the fifth platform deal closed by Gryphon’s Heritage Fund, the firm’s small-cap fund strategy.
The news comes less than a month after plastics resin distributor M. Holland said it would be acquired by Ravago.
The Northeast name and management team will remain intact with founder John O'Leary remaining onboard for the next three years.
The transaction is anticipated to close within the next 30 days, subject to customary closing conditions, the company said.
The Chatsworth-based round tool manufacturer provides special solid carbide tools for the aerospace and automotive industries.
The deal will be White Cap’s fourth acquisition of 2023 when completed.
The deal marks Pye-Barker Fire's fifth acquisition of 2023 and its first since June.
Flexpak said the acquisition of Katzke is consistent with its strategy to expand its geographic presence throughout the Mountain West region.
The deal marks the 72nd acquisition for Imperial Dade under the leadership of Chairman Robert Tillis and CEO Jason Tillis.
Harrington will continue to operate as a standalone company and be led by its current management team.
Autonomous mobile robot capabilities may create a complete portfolio of advanced material handling solutions unmatched in the industry.
Gateway has annual sales of approximately $180 million and serves approximately 4,000 customers from 15 locations.
FloChem is a distributor of commodity and specialty chemical solutions from North American manufacturers.
In 2023, Beacon has expanded its branch footprint through the completion of seven acquisitions and 14 new greenfield locations.
Des-Case's revenue for the calendar year 2023 is expected to be around $40 million, according to a news release.
