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Majority stake Announced Aug 2025

Lennox to Acquire NSI Industries' HVAC Division from Sentinel Capital Partners

Relationship map

Relationship map for Lennox to Acquire NSI Industries' HVAC Division from Sentinel Capital Partnersbacksparent ofSentinel Capital Partners: Pe FirmSCSentinel Capital Part…Lennox International: StrategicLILennox InternationalSUPCO: Operating CompanySUPCO
Operating CompanyPe FirmStrategic

Parties

Acquirer
Lennox International
Strategic
Target
SUPCO
Operating Company
Sponsor
Sentinel Capital Partners
Pe Firm

Market signals

Deal value$550M reported total consideration · approximate as reported by rses.org

Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.

Summary

Lennox has signed a definitive agreement to purchase the HVAC division of NSI Industries, including brands Duro Dyne and Supco, from private equity firm Sentinel Capital Partners for approximately $550 million. The deal is expected to close in Q4 2025.

Primary source