Kian Capital Partners Acquires Team Air Distributing
June 1, 2023
Kian Capital Partners completed a platform investment in Team Air Distributing, a leading HVAC wholesale distributor headquartered in Nashville, Tennessee, in partnership with management and co-investors including LNC Partners, Barings, Everside Capital Partners and MSouth Capital. The investment will support a buy-and-build growth strategy focused on geographic and product-line expansion while retaining Jeff Wallace as President and CEO with a significant equity stake.
- Buyers
- Kian Capital Partners, LNC Partners, Barings, Everside Capital Partners, MSouth Capital
- Targets
- Team Air Distributing
- Industry
- Logistics & Distribution
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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