Garden City Equity Invests in Wathco

Garden City Equity Invests in Westbrook Service Corporation

January 15, 2025

HVAC & Mechanical

Garden City Equity, a people-first holding company, announced an investment in Westbrook Service Corporation, a Florida-based commercial HVAC, electrical, and plumbing services provider founded in 1949. The investment establishes Garden City's first platform in the commercial HVAC space to support Westbrook's growth across Central Florida and the state while preserving the company’s culture and leadership team.

Feast & Fettle Acquires WECO Hospitality

December 3, 2024

Food & Beverage

Feast & Fettle, a premium prepared-meal delivery operator based in Rhode Island, has acquired WECO Hospitality to accelerate its East Coast expansion and support a January 2025 launch in Brooklyn. The deal brings WECO’s members into Feast & Fettle’s integrated DTC meal platform, expanding the buyer’s customer base and capacity across the Northeast.

Garden City Equity Invests in WeBuild

February 28, 2024

Manufacturing

Garden City Equity has invested in WeBuild, a manufacturer of custom store elements and provider of turn‑key program management services for national restaurant and retail franchise brands. The investment complements Garden City Equity's recent investment in Wathco and creates an integrated capability set—fabrication, logistics, installation and project management—for multi-site brand rollouts. Notable individual investors in WeBuild include Drew Brees and Perry Rogers.

Watsco Acquires Gateway Supply Company

September 6, 2023

Building Products

Watsco, Inc. completed the acquisition of Gateway Supply Company, a Columbia, South Carolina-based distributor of plumbing and HVAC products with approximately $180 million in annual sales and 16 locations across South Carolina and North Carolina. The transaction expands Watsco's footprint in core Sunbelt markets and brings Gateway into Watsco's technology and scale while Gateway's leadership (the Williams family) will continue to run the business.

Warburg Pincus (via Canyon Trail) Acquires Majority Stake in Watertec India

June 27, 2023

Building Products

Canyon Trail Investments B.V., an affiliate of Warburg Pincus, has acquired a majority stake in Watertec India Private Limited, a Coimbatore-based polymer bath-fittings manufacturer and brand. The investment will support Watertec’s growth — expanding product portfolio, strengthening brand equity, and broadening geographic reach across Tier 2/3 and rural India; Mathew Job will join as Executive Chairman.

Wabtec Corporation Acquires Nordco from Greenbriar Equity Group

March 23, 2021

Transportation

Wabtec Corporation has signed a definitive agreement to acquire Nordco, a North American supplier of maintenance-of-way equipment, from Greenbriar Equity Group for $400 million in cash. The acquisition expands Wabtec’s maintenance-of-way and railcar mover offerings, adds Nordco’s aftermarket and inspection technology capabilities, and is expected to be immediately accretive to EBITDA and cash flow while delivering cost synergies.