Shearer Supply, an independent distributor of HVAC equipment, announced today its acquisition of Climatic Comfort Products (CCP), the HVAC distribution arm of The Climatic Corporation.
This strategic move unites two of the leading HVAC distributors in the southern United States and expands Shearer’s operational footprint across Florida, Georgia, and Alabama with the addition of CCP’s eight locations.
Michelle Shearer-Rodriguez, CEO of Shearer Supply, expressed enthusiasm for the acquisition, highlighting its alignment with Shearer’s growth strategy.
“Acquiring CCP allows us to strengthen our market presence in the Southeast, advancing our mission to expand regionally while enhancing our product offerings and service capabilities,” she stated.
Family-owned since 1936, CCP has become a prominent distributor in the Southeast, known for distributing American Standard Heating & Air Conditioning, among other brands.
Alex Rodriguez, President of Shearer Supply, noted the complementary nature of the two companies.
“The synergy between Shearer and CCP’s market expertise and geographic coverage presents a significant growth opportunity for our combined operations,” Rodriguez said.
Shearer Supply, founded in 1983 and headquartered in Dallas, operates 24 branches across multiple states including Texas, Oklahoma, Arkansas, Tennessee, and Louisiana.
This acquisition marks Shearer’s second in the past 18 months, following the purchase of Partners Supply.
The acquisition is also the first since Shearer partnered with Investcorp, signaling an active period in Shearer’s expansion strategy. Legal counsel for the transaction was provided by Gibson, Dunn & Crutcher LLP.
With this acquisition, Shearer Supply is set to enhance its offerings and better serve a growing customer base across the newly expanded regional footprint.
PEVCJournal.com