Consolidation trend Jul 2019 · United States Verified
Kele's third acquisition in less than two years
The TCS deal marks Kele's third acquisition in under two years, following Control Consultants Inc. of Boston (Oct 2017) and MIControls of Seattle/Portland (June 2018) — a serial distributor roll-up.
“This marks Kele’s third acquisition in less than two years. In October 2017, Kele acquired Control Consultants Inc. (CCI) of Boston and continued last June with the purchase of MIControls, which has locations in Seattle and Portland, Oregon.”
Entities
Control Consultants Inc. · Target Kele Inc. · Acquirer MIControls · Target
HVAC
Source: www.achrnews.com
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