Heritage Distribution Holdings Acquires AMSCO Supply

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).

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.

Beijer Ref Acquires Heritage Distribution Holdings from Gryphon Investors

December 15, 2022

Building Products

Beijer Ref AB has signed a binding agreement to acquire Heritage Distribution Holdings from Gryphon Investors for USD 1,275 million (USD 1,175 million excluding certain tax benefits). Heritage Distribution, headquartered in Atlanta, Georgia, operates a 64-branch HVAC/R parts and equipment distribution platform across ten U.S. states with approximately 800 employees; the acquisition is Beijer Ref's strategic entry into the North American market and provides a platform for further consolidation.

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.

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.

Watsco Acquires Acme Refrigeration

May 11, 2021

Building Products

Watsco, Inc. completed the acquisition of Acme Refrigeration, a Baton Rouge-based distributor of HVAC and refrigeration products. Acme operates 18 locations across Louisiana and Mississippi and generated approximately $60 million in revenue in 2020; Watsco said the deal supports its buy-and-build strategy to expand its HVAC/R distribution footprint.