http://streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 18 Jun 2026 08:00:51 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Corporate+News/Platinum+Equity+agrees+to+sell+Heat+Controller+to+Lennox/26663095.html <p>Platinum Equity has signed a definitive agreement to sell Heat Controller, an HVAC equipment supplier, to Lennox (NYSE: LII). Financial terms of the transaction were not disclosed.</p><p>Heat Controller, headquartered in Jackson, Michigan, serves distributors across North America through its Comfort-Aire and Century brands. Platinum Equity acquired the company in 2024 as part of its investment in Motors & Armatures, Inc. (MARS), a distributor of HVAC/R parts, supplies, and equipment.</p><p>The sale marks Platinum Equity's final exit from its MARS investment. In 2025, the firm divested the MARS parts division to CSW Industrials, Inc. (NYSE: CSW) for $650 million. During its ownership, http://www.streetinsider.com/Corporate+News/Platinum+Equity+agrees+to+sell+Heat+Controller+to+Lennox/26663095.html Thu, 18 Jun 2026 08:00:51 -0400 CSW LII http://www.streetinsider.com/Corporate+News/Platinum+Equity+agrees+to+sell+Heat+Controller+to+Lennox/26663095.html <p>Platinum Equity has signed a definitive agreement to sell Heat Controller, an HVAC equipment supplier, to Lennox (NYSE: LII). Financial terms of the transaction were not disclosed.</p><p>Heat Controller, headquartered in Jackson, Michigan, serves distributors across North America through its Comfort-Aire and Century brands. Platinum Equity acquired the company in 2024 as part of its investment in Motors & Armatures, Inc. (MARS), a distributor of HVAC/R parts, supplies, and equipment.</p><p>The sale marks Platinum Equity's final exit from its MARS investment. In 2025, the firm divested the MARS parts division to CSW Industrials, Inc. (NYSE: CSW) for $650 million. During its ownership, http://www.streetinsider.com/Corporate+News/Platinum+Equity+agrees+to+sell+Heat+Controller+to+Lennox/26663095.html Thu, 18 Jun 2026 08:00:51 -0400 CSW LII http://www.streetinsider.com/Mergers+and+Acquisitions/Platinum+Equity+agrees+to+sell+Heat+Controller+to+Lennox/26663095.html <p>Platinum Equity has signed a definitive agreement to sell Heat Controller, an HVAC equipment supplier, to Lennox (NYSE: LII). Financial terms of the transaction were not disclosed.</p><p>Heat Controller, headquartered in Jackson, Michigan, serves distributors across North America through its Comfort-Aire and Century brands. Platinum Equity acquired the company in 2024 as part of its investment in Motors & Armatures, Inc. (MARS), a distributor of HVAC/R parts, supplies, and equipment.</p><p>The sale marks Platinum Equity's final exit from its MARS investment. In 2025, the firm divested the MARS parts division to CSW Industrials, Inc. (NYSE: CSW) for $650 million. During its ownership, http://www.streetinsider.com/Mergers+and+Acquisitions/Platinum+Equity+agrees+to+sell+Heat+Controller+to+Lennox/26663095.html Thu, 18 Jun 2026 08:00:51 -0400 CSW LII http://www.streetinsider.com/Mergers+and+Acquisitions/Platinum+Equity+agrees+to+sell+Heat+Controller+to+Lennox/26663095.html <p>Platinum Equity has signed a definitive agreement to sell Heat Controller, an HVAC equipment supplier, to Lennox (NYSE: LII). Financial terms of the transaction were not disclosed.</p><p>Heat Controller, headquartered in Jackson, Michigan, serves distributors across North America through its Comfort-Aire and Century brands. Platinum Equity acquired the company in 2024 as part of its investment in Motors & Armatures, Inc. (MARS), a distributor of HVAC/R parts, supplies, and equipment.</p><p>The sale marks Platinum Equity's final exit from its MARS investment. In 2025, the firm divested the MARS parts division to CSW Industrials, Inc. (NYSE: CSW) for $650 million. During its ownership, http://www.streetinsider.com/Mergers+and+Acquisitions/Platinum+Equity+agrees+to+sell+Heat+Controller+to+Lennox/26663095.html Thu, 18 Jun 2026 08:00:51 -0400 CSW LII http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/Press+Releases/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865 http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html <div class="xn-content"> <p class="prntac"><b>Sale positions Heat Controller for continued growth</b></p><p class="prntac"><b>Divestiture represents final exit of the firm's investment in HVAC/R distributor <span value="ACORN:3070126712" idsrc="xmltag.org" >Motors &amp; Armatures</span></b></p><p><span class="legendSpanClass"><location value="LU/us.ca.losang" idsrc="xmltag.org" >LOS ANGELES</location></span>, <span class="legendSpanClass"><chron>June 18, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:1425073384" idsrc="xmltag.org" >Platinum Equity</span> today announced that it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to <location value="LU/us.ca.lennox" idsrc="xmltag.org" >Lennox</location> (NYSE: LII). Financial terms of the transaction were not disclosed.</p> <p>Headquartered in <location value="LU/us.mi.jacksn" idsrc="xmltag.org" >Jackson, Michigan</location>, Heat Controller serves distributors across <location value="LB/nam" idsrc="xmltag.org" >North America</location> through its established <span value="ACORN:5020866705" idsrc="xmltag.org" >Comfort-Aire</span> and Century http://www.streetinsider.com/PRNewswire/PLATINUM+EQUITY+TO+SELL+HEAT+CONTROLLER+TO+LENNOX/26663017.html Thu, 18 Jun 2026 08:00:00 -0400 A.14250733 A.30701267 A.39697186 A.50208667 CSW LII O.00031560 O.00176862 O.00638058 O.00650381 O.00787323 O.25511865