Consolidation trend Jun 2023 · United States
Keon to build M&A program acquiring HVAC distributors via Team Air
Keon plans to use Team Air as a platform to acquire fragmented first/second-generation distributors lacking succession plans, building out an M&A program in its early innings alongside new branches and geographic expansion.
“It also will encompass an M &A program, which we are in the very early innings of building out.”
Entities
Keon Capital · Sponsor Team Air · Platform
HVAC Sentiment: Positive
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