Daikin Completes Acquisition of CCOM Group for HVAC Distribution in New Jersey and Surrounding States

Daikin Comfort Technologies North America Acquires Williams Distributing

January 3, 2023

Building Products

Daikin Comfort Technologies North America (DNA), a subsidiary of Daikin Industries, has acquired Williams Distributing, a family-owned HVAC and residential building products distributor headquartered in Grand Rapids, Michigan. The acquisition adds Williams' 32 locations across Michigan, Indiana and Ohio and roughly 500–600 employees to Daikin's North American distribution network to support cold-climate heat-pump development and strengthen contractor and builder relationships in the Great Lakes region.

The Arcticom Group Acquires Tomco Mechanical Corporation

July 8, 2022

HVAC & Mechanical

The Arcticom Group, a Walnut Creek, California-based HVACR platform backed by A&M Capital Partners, has acquired Tomco Mechanical Corporation, a Westbury, New York provider of commercial refrigeration and HVAC services. The acquisition expands Arcticom's footprint to the East Coast and strengthens its service offering to national and regional grocery and commercial customers, with Tomco's management (led by John Martinelli) remaining in leadership and retaining a meaningful ownership stake.

Daikin Applied Acquires Alliance Air Products

March 2, 2023

Manufacturing

Daikin Applied has acquired Alliance Air Products, a San Diego–based manufacturer of custom air-handling equipment. The acquisition expands Daikin’s portfolio and engineering capabilities—strengthening its data-center cooling and custom HVAC offerings while enabling faster delivery and broader end-to-end solutions for mission-critical applications.

Daikin Applied Acquires Carroll Air Systems

May 1, 2023

HVAC & Mechanical

Daikin Applied has acquired Carroll Air Systems, a Tampa, Florida-based HVAC sales representative and service provider that supports the Central and West Coast regions of Florida. The business will be integrated into Daikin Applied’s regional operations and will operate as Daikin Applied Central and West Coast Florida, with Phillip Carroll leading the merged service, sales and parts organization.

A&M Capital Partners Acquires Majority Interest in The Arcticom Group

January 24, 2022

Industrial Services

A&M Capital Partners (AMCP), an Alvarez & Marsal Capital-affiliated private equity firm, has acquired a majority interest in The Arcticom Group, a Walnut Creek, California-based provider of mission-critical commercial refrigeration and HVAC services. Arcticom's senior management will remain in place, and AMCP plans to use Arcticom as a platform to pursue add-on acquisitions and expand geographic and end-market presence across North America.

Daikin Applied Acquires Dynamic Controls Inc.

October 11, 2021

HVAC & Mechanical

Daikin Applied, a division of Daikin Industries, has acquired Dynamic Controls, Inc., a St. Louis–based building systems integrator with offices across the Midwest and Rocky Mountains. The acquisition adds building-integration and controls expertise to Daikin Applied's commercial and industrial HVAC offerings to enable more connected, energy-efficient and sustainable building solutions.