The deal nets Watsco 25 Sunbelt locations and $230 million in added revenue.
Latest In HVACR
Two new lawsuits filed in April expand antitrust claims against major HVAC OEMs, alleging a multi-year price-fixing scheme that overcharged contractors and distributors — building on a similar class action first filed in March.
The eCommerce-based plumbing, HVAC and electrical supplies distributor launched a new foundation to expand access to skilled trades careers, consolidating its scholarships and community initiatives into a centralized platform.
It's is Midland’s third acquisition in a span of 10 months.
Bluon has launched PartsConnect, a new app feature that helps HVAC technicians quickly find compatible replacement parts and see local distributor availability, streamlining service workflows and improving contractor access to in-stock inventory.
It unites IMARK’s plumbing and HVACR verticals with other industry organizations in verticals of electrical, irrigation, waterworks, PVF and luxury products.
This is the 10th acquisition for Rensa Filtration since 2022.
F.W. Webb has launched a mobile app that brings real-time inventory, pricing and order management to contractors’ fingertips — extending the branch experience to the jobsite as customers increasingly run their businesses from their phones.
However, HARDI notes January and February are not good indicators of the year ahead because they are low-volume, seasonally insignificant months.
Hills Distribution now includes Plimpton & Hills, Coastal Supply Group, RJ Murray Company and Bender Plumbing Supply.
Seven major HVAC manufacturers are named in a federal class action lawsuit alleging coordinated price-fixing that began during the COVID-19 pandemic.
After 4 years at NAW, they will now lead and shape the future of training programs for over 9,000 employees at local companies and service companies of Winsupply.
Set to complete by mid-year, it represents a new product vertical for building materials-oriented SRS, netting it 42 locations across the Southeast U.S.
Adding 1.6 million square feet of space, the projects are expected to complete by fall of 2027.
The expanded Ohio facility outside of Columbus enables greater on-hand inventory, broader product assortment and improved stock availability for customers.
It positions the AI-powered B2B commerce platform — launched in 2020 — for continued expansion.
A modest January same-day sales decline follows a larger decline in December, though HARDI said the soft past couple months isn't out of the ordinary for seasonality.
Nonres markets and supplier pricing carried growth throughout the year as margins, profit and EBITDA each expanded.
Watsco's seasonally heavy 4Q reflected continued lower sales and volumes post-A2L transition, offset by higher prices helping to boost margins.
The company lands an HVAC equipment and parts distributor for its first bolt-on of 2026.