Tracked deals
3
3 tracked deals across 2025-2026.
Miami Beach, Florida, United States
Advantage Distribution Holdings (ADH) is an HVAC distribution platform designed to keep independents independent by partnering with leading regional distributors and consolidating a fragmented market while keeping each business rooted in its local roots. ADH was formed to bring best-in-class independents together and unlock shared advantages none of us could achieve alone.
Tracked deals
3
3 tracked deals across 2025-2026.
Recent pace
2
2 tracked deals announced in the last 12 months.
Deal mix
Addon
2 addon · 1 buyout
Last 2 years
Supporting Data
Advantage Distribution Holdings (ADH) acquired Badger Metals, a family-led HVAC equipment and supplies distributor serving Wisconsin contractors. The acquisition expands ADH’s footprint to 17 locations across seven states; Badger’s local leadership and brand will remain, and Joe and Josh Welch will become ADH shareholders.
Advantage Distribution Holdings (ADH) acquired cfm Distributors, an independent HVACR distributor with six locations and a distribution center across Missouri, Kansas, Iowa, and Nebraska. The purchase expands ADH’s platform to 13 locations across six states, following ADH’s 2024 formation by Tigertail Capital Partners.
Advantage Distribution Holdings (ADH), an HVAC distribution platform formed by Tigertail Capital Partners, acquired CTC Supply (CTC), a Fayetteville, North Carolina-based HVAC distributor. The deal adds Clay Holder (ex–VAD HVAC Distributors) as CEO and pairs CTC with ADH’s tech-enabled platform approach, including a supply chain technology partnership to support inventory and demand planning.
Turn tracked acquisition activity into an outreach-ready buyer list.