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Add-on acquisition Closed Oct 2023

Hobbs acquires Insight Partners, Bay Associates, and multiple HVAC rep firms

Relationship map

Relationship map for Hobbs acquires Insight Partners, Bay Associates, and multiple HVAC rep firmsparent ofHobbs & Associates: PlatformHAHobbs & AssociatesC.G. Wood Company LLC: Operating CompanyC.G. Wood Company LLC
Operating CompanyPlatform

Parties

Acquirer
Hobbs & Associates
Platform
Target
C.G. Wood Company LLC
Operating Company

Summary

Following a strategic combination with longtime affiliate Insight Partners, Hobbs acquired multiple HVAC manufacturers' representative and engineering companies including Bay Associates Group, Jobe Industrial, C.G. Wood, Energy Transfer Solutions, The Kirkman Oliver Company, Klima New Jersey, Klima New York, Engineered Building Systems, and Etairos HVAC.

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