Key Takeaways
- • Averon Group, the platform backed by Trinity Hunt, has made an investment in Control Equipment Company (CEC), a Utah-based HVAC controls distributor.
- • CEC supplies boiler controls, variable air volume (VAV) systems, testing equipment and replacement parts to contractors and building automation professionals in the Intermountain West.
- • The deal extends Averon's presence in building-systems distribution into the Intermountain West region.
Summary
Trinity Hunt's Averon Group has invested in Control Equipment Company (CEC), a distributor of heating, ventilation and air conditioning (HVAC) controls based in Utah. According to the primary source, CEC supplies boiler controls, VAV systems, testing equipment and replacement parts to contractors and building automation professionals across the Intermountain West.
The source article does not disclose the transaction value, the size of the stake acquired, or the terms of the investment. The available material is limited to the company's product and customer profile and the identification of the investors, so further details on deal structure and strategic rationale were not provided in the reporting.
For institutional investors tracking building-systems and controls distribution, the transaction reflects continued private-equity interest in regional specialty distributors serving commercial building automation contractors.
The source article does not disclose the transaction value, the size of the stake acquired, or the terms of the investment. The available material is limited to the company's product and customer profile and the identification of the investors, so further details on deal structure and strategic rationale were not provided in the reporting.
For institutional investors tracking building-systems and controls distribution, the transaction reflects continued private-equity interest in regional specialty distributors serving commercial building automation contractors.
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