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Add-on acquisition Oct 2023 · Northeast, Mid-Atlantic, and Southeast U.S. Verified

Hobbs acquires multiple HVAC rep/engineering firms including Insight Partners, Bay Associates, and Klima entities

Following a strategic combination with affiliate Insight Partners, Hobbs acquired a set of HVAC manufacturers' rep and engineering companies (Bay Associates Group, Jobe Industrial, C.G. Wood, Energy Transfer Solutions, Kirkman Oliver, Klima New Jersey/New York, Engineered Building Systems, Etairos HVAC), each continuing under its existing name.

“Following a strategic combination with longtime affiliate Insight Partners, Hobbs has acquired several HVAC industry companies.”

Entities

Bay Associates Group Inc. · Target Engineered Building Systems · Target Etairos HVAC · Target Hobbs & Associates · Acquirer Insight Partners · Target Klima New Jersey LLC · Target Klima New York LLC · Target
HVAC
Source: www.achrnews.com

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.