Clay Holder named CEO of Advantage Distribution Holdings amid M&A push

As part of the CTC transaction, Clay Holder (former President of VAD HVAC Distributors) joined ADH as CEO to accelerate the platform's broader M&A strategy in HVAC distribution; D1 Capital Partners and H7 Capital Management representatives joined the board.

“As part of the transaction, Clay Holder will be joining ADH as its Chief Executive Officer.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.