The Master Group Acquires Distributor Corporation of New England (DCNE)
June 22, 2026
The Master Group, a heating, ventilation, air conditioning and refrigeration (HVAC-R) distributor, completed its acquisition of Distributor Corporation of New England (DCNE), a Carrier distributor serving eastern New England. The deal expands Master’s U.S. footprint in Massachusetts, Maine, New Hampshire, and Rhode Island while adding DCNE’s eight-location network and contractor relationships.
- Buyers
- The Master Group, Novacap
- Targets
- Distributor Corporation of New England (DCNE)
- Sellers
- Kolligian family (including Louis St-Laurent / Michele and Nancy Kolligian as management references)
- Platforms
- The Master Group
- Industry
- Industrial Services
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.