M&A Deal Summary

Watsco Acquires East Coast Metal Distributors

On January 1, 2005, Watsco acquired distribution company East Coast Metal Distributors

Acquisition Highlights
  • This is Watsco’s 5th transaction in the Distribution sector.
  • This is Watsco’s 5th transaction in the United States.
  • This is Watsco’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2005-01-01
Target East Coast Metal Distributors
Sector Distribution
Buyer(s) Watsco
Deal Type Add-on Acquisition

Target

East Coast Metal Distributors

Durham, North Carolina, United States
East Coast Metal Distributors LLC operates from 36 locations serving over 8,500 air conditioning and heating contractors throughout North Carolina, South Carolina, Georgia, Virginia and Tennessee.

Search 201,771 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Watsco

Miami, Florida, United States
Category Company
Founded 1945
Sector Distribution
Employees7,350
Revenue 7.3B USD (2023)
DESCRIPTION

Watsco is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies in the HVAC/R distribution industry, currently operating 569 locations in 38 U.S. states, Canada, Mexico, and Puerto Rico with additional market coverage on an export basis to Latin America and the Caribbean. Watsco was founded in 1945 and is based in Miami, Florida.

DEAL STATS #
Overall 5 of 11
Sector (Distribution) 5 of 11
Type (Add-on Acquisition) 3 of 7
State (North Carolina) 1 of 1
Country (United States) 5 of 10
Year (2005) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-04-23 Pameco

Norcross, Georgia, United States

Pameco Corp. is a distributor of heating, ventilation and air conditioning (HVAC) replacement parts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-05 ACR Group Inc

Houston, Texas, United States

ACR is a distributor of air conditioning and heating products. ACR is based in Houston, Texas and operates from 54 locations serving over 12,000 air conditioning and heating contractors throughout Florida, Texas, California, Georgia, Tennessee, Arizona, Colorado, Louisiana, Nevada and New Mexico.

Buy -
Mergr

Product

Company

Legal