Lennox to Acquire Heat Controller from Platinum Equity

Lennox signed a definitive agreement to acquire Heat Controller, including the Comfort-Aire and Century brands, from private equity firm Platinum Equity. The deal is expected to close later in 2026 and will expand Lennox's distributor network across North America.

“On June 18, 2026, Lennox entered a definitive agreement to purchase Heat Controller from Platinum Equity. The deal includes the Comfort-Aire and Century brands and is expected to close later this year pending customary regulatory approvals, with financial terms remaining undisclosed.”

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.