PE Gate is acquiring a long-established HVAC distributor in Ontario, targeting significant growth in the energy-efficient systems sector.

Information on the Target

This acquisition involves a well-established engineering-focused distributor within the HVAC sector, specifically catering to the increasing demand for energy-efficient heating, cooling, and snow-melt systems throughout Ontario. With an operational history spanning over three decades, the business has established a strong reputation among engineers and contractors by providing high-quality, turnkey hydronic solutions.

The company's position within a resilient and expanding industry, supported by factors such as population growth and decarbonization initiatives, presents both stability and significant growth potential. The business generates multi-million-dollar annual revenues while consistently demonstrating year-over-year growth, thanks to a robust backlog of recurring projects.

Industry Overview in Ontario

The HVAC industry in Ontario is currently experiencing an upward trend driven by the demand for energy-efficient solutions. With increasing awareness and regulatory