To expand its reach across the Southeast U.S., Dallas-based independent HVAC distributor Shearer Supply has acquired Climatic Comfort Products (CCP), the HVAC distribution subsidiary of The Climatic Corp.
Family-owned and operated since 1936, CCP has eight locations throughout Florida, Georgia and Alabama, offering a range of products including residential and commercial equipment, parts and supplies.
The locations will add to Shearer’s exisiting 24 branches across Texas, Oklahoma, Arkansas, Tennessee and Louisiana.
“The acquisition of CCP fits well with our strategy of acquiring complementary businesses located in attractive geographies representing best-in-class equipment manufacturers,” Shearer Supply CEO Michelle Shearer-Rodriguez said in an April 8 news release. “With CCP, we gain a deeper foothold in key markets across the Southeast that position us well for continued expansion throughout the region, while strengthening our longstanding relationship with American Standard. We also see significant opportunity to capitalize on complementary areas of expertise to grow the business holistically across a number of product verticals.”
Founded in 1983, Shearer’s core product lines include American Standard Heating & Air Conditioning residential and commercial equipment, Ameristar Heating & Cooling, Samsung HVAC, and a broad lineup of parts and supplies. CCP also offers a range of products including American Standard Heating & Air Conditioning equipment and Ameristar Heating & Cooling, in addition to ServiceFirst parts and supplies and Mitsubishi mini-splits.
The acquisition of CCP is Shearer’s second acquisition in the last 18 months following the 2022 acquisition of Partners Supply, an HVAC distributor with locations in Chattanooga and Knoxville, TN, and Huntsville, AL.
The deal is Shearer Supply’s first acquisition since partnering with Investcorp, a global alternative investment manager, last year.
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