Gryphon Investors Acquires Ed's Supply Company

Heritage Distribution Holdings Acquires Coastal Supply Company

October 12, 2022

HVAC & Mechanical

Heritage Distribution Holdings, the Gryphon Investors-backed HVAC/R distribution platform, has acquired Coastal Supply Company Inc., a 40-year-old, family-owned HVAC/R distributor based in Knoxville, Tennessee with six branch locations. Coastal will operate under HDH’s Ed’s Supply division and remain led by General Manager David Kennedy as part of HDH’s continued geographic expansion in the Southeast.

Ed's Supply (Heritage Distribution) Acquires Controlled Temp Supply

August 29, 2022

Building Products

Ed's Supply, a division of Heritage Distribution Holdings (backed by Gryphon Investors), has acquired Controlled Temp Supply, a wholesale HVAC/R parts and equipment distributor based in Oxford, Mississippi. Controlled Temp Supply will be rebranded as Ed's Supply as part of Heritage Distribution's ongoing add-on roll-up to expand its HVAC/R distribution footprint in the Midwest and Southeast.

Gryphon Investors Acquires Wittichen Supply Company

August 2, 2021

HVAC & Mechanical

Gryphon Investors has acquired Wittichen Supply Company, a Birmingham, Alabama–headquartered wholesale distributor of HVAC/R equipment, parts and supplies with 25 locations across Alabama, Georgia and Florida. The acquisition (financial terms undisclosed) will serve as a platform for Gryphon's Heritage Fund to pursue further industry investments while management remains in place with Charles Herring named president.

Gryphon Investors Acquires Benoist Brothers Supply Co.

February 15, 2022

Building Products

Gryphon Investors has acquired Benoist Brothers Supply Co., a 90-year-old Midwest HVAC/R distributor with 13 branches, and will operate the business as an independent division of its Wittichen Supply Holding Company. Benoist's management and the Benoist family retain a minority stake; the deal creates a multi-region HVAC/R distribution platform to expand geographic coverage and product availability across the Midwest and Southeast.

Gryphon Investors Acquires Southern HVAC from MSouth, Forms NAEHS Holding Company

October 4, 2021

HVAC & Mechanical

Gryphon Investors has acquired a majority interest in Southern HVAC from MSouth Equity Partners and placed the business alongside Right Time under a new holding company, North American Essential Home Services (NAEHS). Southern HVAC, based in Orlando, Florida, operates 15 brands across the Southeastern and Midwestern U.S. and Texas with over 650 employees; the incumbent management team will remain and retain a meaningful equity stake. Financial terms of the transaction were not disclosed.

Trinity Hunt Partners Acquires Blackhawk Supply to Launch HVAC Distribution Platform

July 1, 2025

HVAC & Mechanical

Trinity Hunt Partners has made a majority investment in Blackhawk Supply, a Hoffman Estates, Illinois-based specialty distributor of HVAC parts, to establish a national HVAC distribution platform. Trinity Hunt appointed Troy Vellinga as CEO and Jason Lewis as Chief Development Officer and intends to scale the business through organic initiatives and buy-and-build add-on acquisitions.