Deal closed Undated · Nashville, Tennessee Verified
Kian Capital Partners Acquires Team Air Distributing
Private investment firm Kian Capital Partners has completed the acquisition of Team Air Distributing, a Nashville-based wholesale distributor of OEM-branded HVAC equipment, parts, and supplies. This represents the first platform investment out of Kian's recently announced third fund, with a continued focus on value-added distribution. The existing president and CEO will continue to lead the company and retain an equity stake.
“Kian Capital Partners has completed the acquisition of Team Air Distributing, a Nashville-based wholesale distributor of OEM-branded HVAC equipment, parts, and supplies.”
Entities
Kian Capital Partners · Acquirer Team Air Distributing · Target Barings · Lender Everside Capital Partners · Lender LNC Partners · Lender MSouth Capital · Lender
HVAC Sentiment: Positive
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