Add-on Acquisition • Distribution

Watsco Acquires Southern Ice

On May 5, 2025, Watsco acquired distribution company Southern Ice

Acquisition Context
  • This is Watsco’s 12th transaction in the Distribution sector.
  • This is Watsco’s 11th transaction in the United States.
  • This is Watsco’s 2nd transaction in Louisiana.

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M&A Deal Summary

Date May 5, 2025
Target Southern Ice
Sector Distribution
Buyer(s) Watsco
Deal Type Add-on Acquisition

Target Company

Southern Ice

Lafayette, Louisiana, United States
Southern Ice distributes food-service and commercial refrigeration equipment, parts, and supplies, including products manufactured by Manitowoc Ice, a division of Pentair plc. Southern Ice was founded in 1984 and is based in Lafayette, Louisiana.
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Buyer Overview 1

Buyer

Watsco

Miami, Florida, United States

Category Company
Founded 1945
Sector Distribution
Employees7,220
Revenue 7.6B USD (2024)
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 Context for Buyer #
Overall 12 of 12
Sector: Distribution 12 of 12
Type: Add-on Acquisition 8 of 8
State: Louisiana 2 of 2
Country: United States 11 of 11
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-06 Gateway Supply

Columbia, South Carolina, United States

Gateway Supply is a distributor of plumbing and HVAC products. Gateway Supply was founded in 1964 and is based in Columbia, South Carolina.

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