Free 2024 Mobile Engagement Guidebook for Distributors

Category: HVAC

Winsupply Acquires Clausen Supply

Winsupply Acquires Clausen Supply

Winsupply Inc., Dayton, Ohio, on Thursday announced it has completed the acquisition of Clausen Supply of Iowa Inc., Clinton, Iowa. Financial terms of the deal weren’t disclosed. Clausen Supply is an HVAC distributor that serves the eastern Iowa region. The company’s previous owner, Jon Clausen, will exit the company immediately after close. The HVAC distribution […]

US LBM Acquires Northern Building Supply

US LBM Acquires Northern Building Supply

Building materials distributor US LBM, Buffalo Grove, Illinois, on Thursday announced it has acquired Northern Building Supply, a full-service building products distributor and retailer with two locations in northern Michigan. Financial terms of the deal weren’t disclosed. Founded in 1904, Northern Building Supply offers lumber and a wide range of specialty building products, including windows, […]

August M&A Roundup: Consolidation Maintains Healthy Pace

August M&A Roundup: Consolidation Maintains Healthy Pace

The threat of an increase in the capital gains tax, coupled with accepting the new business cycle on what everyone hopes is the tail end of COVID-19, has pulled forward acquisition deals, and last month was another healthy one for M&A volume. MDM reported 25 transactions in August as companies of all sizes, verticals and […]

August M&A Roundup: Consolidation Maintains Healthy Pace

August M&A Roundup: Consolidation Maintains Healthy Pace

The threat of an increase in the capital gains tax, coupled with accepting the new business cycle on what everyone hopes is the tail end of COVID-19, has pulled forward acquisition deals, and last month was another healthy one for M&A volume. MDM reported 25 transactions in August as companies of all sizes, verticals and […]

Goods and Services Deficit Dips in July

Goods and Services Deficit Dips in July

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis on Thursday announced that the goods and services deficit was $70.1 billion in June, down $3.2 billion, or 4.3%, from $73.2 billion in June, revised. July exports were $212.8 billion, $2.8 billion more than June exports. July imports were $282.9 billion, $0.4 billion less than June […]

Builders FirstSource Acquires California TrusFrame for $179.5M

Builders FirstSource Acquires California TrusFrame for $179.5M

Builders FirstSource Inc. (Nasdaq: BLDR), Dallas, on Thursday announced it has acquired California TrusFrame LLC (CTF), a California-based producer of value-added building products, for $179.5 million. Established in 1982, CTF is led by President and CEO Shawn Overholtzer, who will be joining Builders FirstSource along with the rest of its employees upon closing, and operates […]

HARDI Distributors Report ‘Modest’ 9.3% Revenue Increase in July

HARDI Distributors Report ‘Modest’ 9.3% Revenue Increase in July

Heating, Air-conditioning & Refrigeration Distributors International (HARDI), Columbus, Ohio, released its monthly TRENDS report on Thursday, which showed the average sales performance by HARDI distributors increased 9.3% in July after posting an increase of 22.1% in the prior month. The average annual sales growth for the 12 months through July was 17.2%. “9.3% growth looks […]