M&A Deal Summary

Kele Acquires AC Controls

On February 26, 2024, Kele acquired distribution company AC Controls

Acquisition Highlights
  • This is Kele’s 3rd transaction in the Distribution sector.
  • This is Kele’s 3rd transaction in the United States.
  • This is Kele’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2024-02-26
Target AC Controls
Sector Distribution
Buyer(s) Kele
Deal Type Add-on Acquisition

Target

AC Controls

Concord, North Carolina, United States
AC Controls is a distributor and rep of industrial process and combustion applications and has been providing superior products and services for process and combustion applications. AC Controls was founded in 1960 and is based in Concord, North Carolina.

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Buyer(S) 1

Buyer

Kele

Bartlett, Tennessee, United States
Category Company
Founded 1983
Sector Distribution
DESCRIPTION

Kele is a distributor of commercial HVAC and building automation interface products. Kele provides peripheral control products and services to the building automation systems industry. Kele's product offering includes over 15,000 interface products, including transmitters, sensors, switches, gauges and relays from over 200 manufacturers. Kele was founded in 1983 and is based in Bartlett, Tennessee.

DEAL STATS #
Overall 3 of 3
Sector (Distribution) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (North Carolina) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-11 A-tech

Tulsa, Oklahoma, United States

A-tech is an authorized distributor and manufacturers representative for process measurement and control instrumentation. They distribute products used to measure, analyze, control, and automate a wide range of factory and industrial processes. The company prides itself on lasting customer relationships, impactful industry knowledge, and its ability to be innovative on behalf of its customers when it comes to parts. A-tech was formed in 1977 and is based in Tulsa, Oklahoma.

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