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Majority stake Announced May 2013

MARS acquires HVAC equipment supplier Heat Controller

Relationship map

Relationship map for MARS acquires HVAC equipment supplier Heat Controllerparent ofMARS (Motors and Armatures): Operating CompanyMMMARS (Motors and Arma…Heat Controller Inc.: PlatformHCHeat Controller Inc.
Operating CompanyPlatform

Parties
Acquirer
MARS (Motors and Armatures)
Operating Company
Target
Heat Controller Inc.
Platform

Summary

HVACR motors/components supplier MARS (Motors and Armatures) acquired HVAC equipment supplier Heat Controller Inc., described as a merger of equals combining parts and equipment lines. Manufacturer/distributor-level HVAC consolidation rather than a home-service contractor roll-up.