Team Air Distributing, a wholesale distributor providing HVAC equipment, parts and supplies to residential and commercial contractors, has been awarded new territories from its OEM partner American Standard.
The expansion deepens Team Air’s presence in Kentucky, Southern Indiana and Southern Illinois, accelerating the company’s growth opportunity since partnering with Kian Capital earlier this year, Kian Capital officials said in an Oct. 17 news release.
The expansion territory includes over 130 counties throughout the majority of Kentucky and portions of Southern Indiana and Illinois.
Team Air Opens New Midwest Branches
To fully serve these regions, Team Air will open three new branch locations in Evansville, Indiana; Louisville, Kentucky; and Lexington, Kentucky — increasing the company’s employee base and industry presence with a go-live date of January 1, 2024.
The company looks to expand American Standard’s market share and drive platform growth through sales of higher efficiency equipment and superior dealer support, Kian officials said.
“The expansion of Team Air’s relationship with American Standard could result in 1.5x revenue growth in a very short period and will help drive Team Air towards its goal of being the leading HVAC-focused distributor in the Southeast and lower Midwest,” said Jordan Lee, Principal at Kian.
Team Air Eyes Product Expansion
As Team Air expands its geographical reach, the company says it’s also hyper-focused on growing its product lines into new verticals, actively identifying relevant add-on acquisition targets and answering the market’s continued demand for a customer-centric, whole-home services distribution platform.
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