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Consolidation trend Aug 2016 Verified

Sterling Group pursuing buy-and-build of Specified Air via HVAC add-ons

The Sterling Group describes the Dectron deal as part of a targeted initiative to grow Specified Air by adding complementary HVAC solutions, signaling an ongoing acquisition-led roll-up strategy.

““The addition of Dectron is a part of Sterling’s targeted initiative to grow Specified Air by adding complementary HVAC solutions,” said John Hawkins, a partner at The Sterling Group. “We look forward to continuing to grow the business organically and through acquisition.””

Entities

Dectron · Target Specified Air Solutions · Platform The Sterling Group · Sponsor
HVAC
Source: www.achrnews.com

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