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Barsco is a distributor of refrigeration and HVAC equipment, parts and supplies throughout 12 locations in Texas.
This is the third time Stellar Industrial Supply has won the award; the company also was chosen in 2013 and 2016.
Backlog continues to hover around highs not seen since the beginning of the COVID-19 pandemic.
The transaction between the chemicals and food ingredients distributor and private equity firm Apollo is expected to close in the second half of 2023.
The company may add wheel-manufacturing capabilities, enhancing capacity for customers in Mexico and also the U.S. and Canada.
The two sides said they will explore ways to enhance participation for their membership bases’ involvement in talent and training programs.
Over the past 12 months, the all-items index has increased 6% before seasonal adjustment, according to the Bureau of Labor Statistics.
The figure is significantly above the 6.6% increase in overall nonresidential spending, according to firm Marcum LLP.
BTX is the sixth acquisition since 2020 for Resideo's Distribution business.
AD presented representatives from Share Food Program and Sharing Excess with checks for $5,000 each, the company said.
