RectorSeal acquires HVAC brands from Evolve Composites (26th acquisition)

RectorSeal Corp., a portfolio company of Capital Southwest Corp. since 1967, acquired the Polyslab, Evo-Crete and other HVAC brands from Australia's Evolve Composites. It is RectorSeal's 26th acquisition since 1991, part of a serial acquisition strategy.

“Houston, TX-based [RectorSeal Corp.](http://www.rectorseal.com) has acquired the Polyslab, Evo-Crete and other related HVAC brands from [Evolve Composites Pty Ltd.](http://www.evolvegrp.com) (Evolve), based in Queensland, Australia. Terms of the transaction were not disclosed. The acquisition of these assets from Evolve, which manufactures a range of equipment base products for heating and air conditioning systems, is the 26th acquisition by RectorSeal since 1991.”

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.