Watsco Acquires Gateway Supply Company
September 6, 2023
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.
- Buyers
- Watsco, Inc.
- Targets
- Gateway Supply Company, Inc.
- Industry
- Building Products
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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