ACR to operate as Watsco subsidiary post-acquisition

Per the deal, ACR Group will continue operating as a subsidiary of Watsco under its present name and management, with Watsco providing growth resources — a buy-and-hold consolidation of HVAC distribution.

“ACR will operate as a subsidiary of Watsco under its present name and superb management team and Watsco will provide resources where needed to assist with ACR's growth plans.”

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