Gryphon Investors Acquires Ed's Supply Company
April 25, 2022
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.
- Targets
- Ed's Supply Company
- Platforms
- Heritage Distribution Holdings
- Industry
- Building Products
- Location
- Tennessee, United States
- Transaction Type
- Addon
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