Investcorp Acquires Majority Stake in Shearer Supply

Shearer Supply Acquires Climatic Comfort Products from The Climatic Corporation

April 8, 2024

Building Products

Shearer Supply has acquired Climatic Comfort Products (CCP), the HVAC distribution subsidiary of The Climatic Corporation, adding CCP’s eight branches across Florida, Georgia and Alabama to Shearer’s footprint. The deal, completed after Shearer’s partnership with Investcorp, expands Shearer’s Southeast reach, deepens its relationship with American Standard and bolsters its residential and commercial HVAC distribution capabilities.

Investcorp Acquires 50% Stake in Corsair's Infrastructure Business

December 11, 2023

Infrastructure

Investcorp has completed the acquisition of a 50% stake in Corsair Capital’s infrastructure business, forming a joint entity named Investcorp Corsair Infrastructure Partners to manage the business’s existing funds, investments, and team. The partnership positions Investcorp to expand into the global infrastructure asset class with a focus on transportation, logistics, and related subsectors while Corsair retains the remaining ownership and operating platform.

RMC Global Acquires Shearer and Associates, Inc.

March 25, 2025

Cybersecurity

RMC Global has acquired Shearer and Associates, Inc., a Huntsville-based engineering and cybersecurity firm with deep experience supporting Department of Defense and critical infrastructure customers. The deal expands RMC's industrial control systems (ICS) cybersecurity, facility/security engineering, and risk management capabilities and strengthens its presence in the defense and critical-infrastructure markets.

Gryphon Investors Acquires Ed's Supply Company

April 25, 2022

Building Products

Gryphon Investors has acquired Ed's Supply Company, a Nashville-based wholesale HVAC/R distributor with 19 locations across Arkansas, Georgia, Kentucky and Tennessee, and will operate it as an independent division of its Heritage Distribution Holdings platform. Financial terms were not disclosed; the existing management team will remain in place with former president Steve Byram becoming an advisor and Tucker Byram named President. The deal expands Heritage Distribution Holdings' multi-region HVAC/R footprint in the Southeast.

KKR Makes Strategic Investment in SupplyHouse

July 17, 2025

E-Commerce

KKR has made a strategic investment in SupplyHouse, a leading pure‑play e-commerce distributor of HVAC, plumbing, and electrical products, to support the company's long‑term growth and operational expansion. Financial terms were not disclosed; the partnership will leverage KKR's Ascendant Strategy to help SupplyHouse scale its operations, logistics network, and employee‑ownership initiatives.

Investcorp Acquires S&S Truck Parts

March 8, 2022

Transportation

Investcorp, a global alternative investment firm, has acquired S&S Truck Parts, a long-established independent distributor of private-label and branded aftermarket truck parts. The partnership will support S&S's organic growth through new product introductions and North American geographic expansion while pursuing strategic add-on acquisitions; DJ Hoffman will retain a significant ownership stake.