M&A Deal Summary |
|
|---|---|
| Date | 2024-04-08 |
| Target | Climatic Comfort Products |
| Sector | Distribution |
| Buyer(s) | Shearer Supply |
| Sellers(s) | Climatic |
| Deal Type | Divestiture |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Business Services |
Shearer Supply is a replacement-focused HVAC distribution platform of scale providing residential and commercial equipment, parts, and supplies to a highly fragmented base of 5,500+ local contractor customers in the Southern U.S. region. The Company serves customers from 22 branches across Texas, Oklahoma, Arkansas, Tennessee, Mississippi, Louisiana, and New Mexico. Shearer's core product lines include American Standard Residential and Commercial HVAC, Ameristar Heating and Air Conditioning, and Samsung HVAC. It also offers parts, supplies, and accessories sourced from over 300 vendors. Shearer Supply was formed in 1983 and is based in Farmers Branch, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Distribution) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2024) | 1 of 1 |
Climatic started as a home heating and cooling franchise. Four generations later, Climatic don’t just sell HVAC units: Climatic companies are also engaged in information technology solutions and the sales and distribution of a wide range of home appliances from leading brands. Climatic is based in Columbia, South Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Distribution) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2024) | 1 of 1 |
