Heritage Distribution Holdings, an Atlanta-based distributor of HVAC/R equipment backed by Gryphon Investors, has purchased Coastal Supply Company Inc., an HVAC/R distributor servicing the east Tennessee market.
Headquartered in Knoxville, Tenn., Coastal is a family-owned distributor with six branch locations in and around Knoxville and Johnson City. Coastal marks the fifth acquisition completed by HDH during Gryphon’s ownership. The company will continue to be led by general manager David Kennedy and operate under the Ed’s Supply division of HDH.
“We are excited to become part of the Heritage Distribution Holdings platform,” says Kennedy. “Being part of a larger organization and the additional resources that come with it will ensure Coastal continues to grow and provide the superior customer experience for which it is known.”
As HDH continues to grow through strategic acquisitions, we are adding new customers and enabling more people to live healthier and more comfortable lives,” comments Alex Averitt, CEO of Heritage Distribution.