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Platform creation Announced May 2009 Closed May 2009

Watsco and Carrier Form Joint Venture Carrier Enterprise

Relationship map

Relationship map for Watsco and Carrier Form Joint Venture Carrier Enterpriseparent ofWatsco Inc.: PlatformWatsco Inc.Carrier: PlatformCarrier
Platform

Parties

Acquirer
Watsco Inc.
Platform
Target
Carrier
Platform

Market signals

Summary

Watsco, Inc. completed the formation of Carrier Enterprise, LLC, a joint venture with Carrier Corporation. Watsco owns 60% of the new entity, which operates 110 locations across 20 states and Puerto Rico, serving over 19,000 HVAC contractors.

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