Thermal Technology Distribution Solutions Acquires Southwest Heater and Controls

June 3, 2024

Thermal Technology Distribution Solutions (TTDS), a distribution platform established by Gryphon Investors, has acquired Southwest Heater and Controls (SWHC), a Dallas-based value-added distributor of industrial electric heaters, sensors, controls and technical support to manufacturers. SWHC's management, led by Chris and David Hawkins, will remain with the business and retain a significant equity stake; terms were not disclosed.

Targets
Southwest Heater and Controls
Platforms
Thermal Technology Distribution Solutions (TTDS)
Location
Texas, United States
Transaction Type
Addon

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