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Heritage Distribution Holdings Acquires Coastal Supply Company

Oct 12, 2022•almost 3 years ago

Acquiring Company

Heritage Distribution Holdings

Acquired Company

Coastal Supply

Description

Heritage Distribution Holdings ("Heritage Distribution" or "HDH"), an Atlanta-based wholesale distributor of HVAC/R equipment, parts, and supplies, backed by leading middle-market private equity firm Gryphon Investors ("Gryphon"), today, announced it has acquired Coastal Supply Company Inc. ("Coastal" or "the Company"), an HVAC/R distributor servicing the East Tennessee market.

Company Information

Company

Heritage Distribution Holdings

About

Heritage Distribution Holdings is the fastest-growing HVAC/R distributor in the US. With a focus on being the market leader in each local geography, HDH is expanding its footprint by partnering with businesses that share a tenacious commitment to customers, employees, and suppliers. From after-hours emergency service, to stocking our customer's warehouses, the HDH family is fully invested in being the critical link in the supply chain that enables people to live healthier and more comfortable lives.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed