M&A Deal Summary

Master Acquires Gagnon & Associates

On May 31, 2021, Master acquired manufacturer Gagnon & Associates

Acquisition Highlights
  • This is Master’s 1st transaction in the Manufacturing sector.
  • This is Master’s 4th transaction in Canada.
  • This is Master’s 3rd transaction in Ontario.

M&A Deal Summary
Date 2021-05-31
Target Gagnon & Associates
Sector Manufacturing
Buyer(s) Master
Deal Type Add-on Acquisition

Target

Gagnon & Associates

Val Caron, Ontario, Canada
Gagnon & Associates is an HVAC manufacturer that covers a full spectrum of mechanical, sheet metal, and controls products. Gagnon offers a whole range of services from complete system design to project quotations. Gagnon & Associates was founded in 1992 and is based in Val Caron, Ontario.

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Buyer(S) 1

Buyer

Master

Boucherville, Quebec, Canada
Category Company
Founded 1952
Sector Distribution
Employees580
DESCRIPTION

Master is an independent HVAC-R distributor in Eastern Canada. Company is a distributor of heating, ventilation, air conditioning and refrigeration products. Master was founded in 1952 and is based in Boucherville, Quebec.

DEAL STATS #
Overall 4 of 6
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 4 of 6
State (Ontario) 3 of 3
Country (Canada) 4 of 4
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-10 Soper’s Supply

Edmonton, Alberta, Canada

Soper’s Supply Ltd. specializes in the sale and distribution of electric motors, fans, blowers, and pumps and is one of Canada's distributors of HVAC-R motors. Soper's services Western Canada from their branches in Winnipeg, Edmonton, Calgary, Surrey, and Vancouver. Soper’s Supply was founded in 1945 and is based in Edmonton, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-15 Value Added Distributors

Midlothian, Virginia, United States

Value Added Distributors is the parent company of three regional HVAC distributors (Virginia Air Distributors, Allied HVAC Distributors, and South Carolina Air Distributors) with 19 branches and 200 employees across six states (Virginia, West Virginia, North Carolina, South Carolina, Ohio and Pennsylvania). It has over 30 years of experience, financial strength, operational excellence, and a passion and reputation for outstanding customer service. Value Added Distributors was formed in 1987 and is based in Midlothian, Virginia.

Buy -
Mergr

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