DiversiTech® Corp. to Acquire Pro1® Thermostats
June 12, 2023
Merger will Strengthen Availability of Revolutionary Thermostats to HVAC/R Distributors
May well 24, 2023 (Duluth, Ga.) – DiversiTech® Corp., North America’s main company and provider of elements and relevant products for heating, air flow, air conditioning and refrigeration (HVAC/R), entered into a definitive agreement to invest in Professional1 Thermostats, a chief in heating and cooling technologies. This acquisition will strengthen DiversiTech’s posture in the HVAC/R Marketplace and extend its product or service choices.
Pro1 Thermostats has a established keep track of report of offering modern merchandise to the HVAC/R Business, creating it a fantastic healthy for DiversiTech. The effective start of the future technology of thermostats and Professional1 Hook up App delivers simple, inexpensive & qualified WIFI thermostat versions built for nearly each and every software. The Professional1 WIFI versions are easy to put in, uncomplicated to operate and deliver the usefulness to operate your thermostat from wherever.
“We are thrilled to be joining forces with the staff at Professional1,” stated Andy Bergdoll, CEO of DiversiTech. “Their concentration on producing contractor friendly manage solutions as well as their determination to the experienced channel would make them a wonderful match with DiversiTech. We look ahead to supporting Professional1’s item development system and enabling them to leverage DiversiTech means and infrastructure to establish even more powerful wholesaler partnerships.”
“Pro1 was started in 2007 with the mission to completely aim and services the demands of the HVAC/R Contractor base,” mentioned Jeff Edgar, Pro1 Founder. “I’m thrilled that the Professional1 brand, HVAC/R Contractor concentrate, and robust marketplace name will grow even much better under the DiversiTech portfolio.”
“We’re thrilled to be part of DiversiTech and accelerate our growth system,” said Steve Mykytyn, Professional1 President. “Equally important is that our corporation values are aligned on the focus on the expert HVAC/R trade. I am honored to be joining the DiversiTech team and to have the probability to get the job done with some of the best minds in the industry,” he mentioned. “Together, we will build on Professional1’s powerful foundation and just take it to the following level.”
For additional information and facts about DiversiTech, take a look at diversitech.com
For much more info about Pro1, take a look at pro1iaq.com
About DiversiTech®
Launched in 1971, DiversiTech® Company is North America’s greatest maker of equipment pads and a primary maker and provider of components and related solutions for the heating, ventilating, air conditioning, and refrigeration (HVAC/R) business. Headquartered in the Atlanta, Ga. metropolitan location, DiversiTech’s mission for its wholesaler companions is to simplify their function. The Firm is focused on development via inside product or service improvement, external partnerships, and acquisition. Manufacturing a suite of goods, which includes a large vary of mechanical, electrical, chemical, and structural parts for HVAC/R devices, DiversiTech brings unparalleled scaling abilities and provider abilities. The Corporation holds many patents and operates an highly developed R & D resources division devoted to bringing additional worth to its shoppers. The Organization maintains around 1 million sq. toes of manufacturing and distribution house in vital U.S., Canadian and European areas. DiversiTech has relished a ongoing historical past of productive progress and has acquired market recognized brand names which includes Fresh-Aire UV®, hilmor®, Packard, Quick-Sling®, and SpeedClean®.
About Professional1
Professional1 is a United states of america-dependent engineering firm started in 2007. Headquartered in Broomfield, Colorado, Pro1 manufactures HVAC controls and other indoor air high-quality items. Because inception, it has been committed to the qualified HVAC sector and has developed to be a single of the greatest and most well known thermostat brands in North America.
DiversiTech® and the DiversiTech chevron are registered emblems of DiversiTech Corporation in the United States and other nations.