Ed's Supply (Heritage Distribution) Acquires Controlled Temp Supply

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.

Heritage Distribution Holdings Acquires Coastal Supply Company

October 12, 2022

HVAC & Mechanical

Heritage Distribution Holdings, the Gryphon Investors-backed HVAC/R distribution platform, has acquired Coastal Supply Company Inc., a 40-year-old, family-owned HVAC/R distributor based in Knoxville, Tennessee with six branch locations. Coastal will operate under HDH’s Ed’s Supply division and remain led by General Manager David Kennedy as part of HDH’s continued geographic expansion in the Southeast.

Heritage Distribution Holdings Acquires Webb Supply

December 20, 2023

HVAC & Mechanical

Heritage Distribution Holdings, the U.S. platform for Beijer Ref AB, has agreed to acquire the assets of Webb Supply, a family-owned HVAC wholesale distributor headquartered in Cleveland, Ohio. Webb will continue to operate under its brand and management will roll over equity as the business becomes part of Heritage Distribution's Northern Region to expand the platform's footprint in Northeastern Ohio and Western Pennsylvania.

Heritage Distribution Holdings Acquires AMSCO Supply

September 26, 2023

Building Products

Heritage Distribution Holdings, the U.S. platform for Beijer Ref AB, has agreed to acquire the assets of AMSCO Supply, a family-owned wholesale HVAC distributor headquartered in Tulsa, Oklahoma. AMSCO, which has roughly $45 million in annual sales and about 50 employees, will continue to operate under its own brand with existing management rolling over an ownership stake; the deal expands Heritage Distribution's U.S. footprint into adjacent Midwest and Southwest territories.

Thermal Technology Distribution Solutions Acquires Southwest Heater and Controls

June 3, 2024

Industrial Services

Thermal Technology Distribution Solutions (TTDS), a distribution platform established by Gryphon Investors, has acquired Southwest Heater and Controls (SWHC), a Dallas-based value-added distributor of industrial electric heaters, sensors, controls and technical support to manufacturers. SWHC's management, led by Chris and David Hawkins, will remain with the business and retain a significant equity stake; terms were not disclosed.

Beijer Ref / Heritage Distribution Acquires Young Supply Company

April 22, 2024

Building Products

Beijer Ref AB, via its U.S. platform Heritage Distribution Holdings, has signed an agreement to acquire Young Supply Company, a family-owned commercial refrigeration and HVAC distributor headquartered in Detroit, Michigan. The acquisition is an add-on to Heritage Distribution's U.S. footprint, bringing approximately USD 130 million in annual sales, 18 branches and ~200 employees and expanding coverage in the Midwest (Michigan and northern Ohio).