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duravent.com

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About DuraVent

DuraVent is part of the M&G Group, a worldwide provider in venting systems, dedicated to the development, manufacturing and marketing of a wide range of flue and vent products in aluminum, stainless steel and plastic for the HVAC and hearth industries.

DuraVent Headquarter Location

877 Cotting Court

Vacaville, California, 95688,

United States

800-835-4429

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Latest DuraVent News

HIG Capital sells Hart & Cooley

Oct 7, 2021

Submitted07/10/2021 - 9:51amHIG Capital (HIG) has sold its portfolio company, Hart & Cooley (H&C) to DuraVent, a manufacturer of venting products for gas, wood, oil, pellet and fuel burning appliances. Terms of the transaction have not been disclosed.Since 1901, H&C has provided high quality air distribution products designed to make buildings more comfortable, safe and energy efficient. The Company’s product portfolio represents many of the most recognisable and trusted brands within the industry, and includes residential and commercial products such as vents, grilles, registers and diffusers. Headquartered in Grand Rapids, Michigan, H&C serves a broad base of wholesale distributors, and has manufacturing and distribution locations throughout the US, Canada and Mexico.Todd Ofenloch, Managing Director at HIG Capital, says: “We have enjoyed working closely with the H&C management team. By successfully carving the business out from Johnson Controls, rationalising the existing product portfolio to focus on those categories where the Company has a leading market position, and investing in capacity for future growth, we have created a differentiated competitor within the HVAC and air distribution industry. The highly strategic transaction represents a true win-win for all parties involved.”Jeffrey Stark, Hart & Cooley’s CEO, says: “HIG has been an exceptionally supportive partner, delivering valuable operational and financial guidance during a time of significant change. We thank them for their expertise and are excited as an organisation to enter the next chapter of our growth story with DuraVent. The combination of the two businesses will create a meaningful player within the North American air distribution category.”“Our immediate objective is to build one unified company, with one team, focused on world-class manufacturing and distribution,” says DuraVent President and CEO, Simon Davis. “We are guided by our passion for innovation and commitment to creating the benchmark for responsive customer service.”Like this article? Sign up to our free newsletterAuthor ProfileRelated TopicsDeals & TransactionsExitsManufacturing -

DuraVent Acquisitions

2 Acquisitions

DuraVent acquired 2 companies. Their latest acquisition was Hart & Cooley on October 06, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/6/2021

Acq - Fin

Acquired

1

12/7/2012

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$99M

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10

Date

10/6/2021

12/7/2012

Investment Stage

Acq - Fin

Companies

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Valuation

Total Funding

$99M

Note

Acquired

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Sources

1

10

DuraVent Team

1 Team Member

DuraVent has 1 team member, including former Chief Executive Officer, Michael Winn.

Name

Work History

Title

Status

Michael Winn

Hart & Cooley, Titus, and Lennox International

Chief Executive Officer

Former

Name

Michael Winn

Work History

Hart & Cooley, Titus, and Lennox International

Title

Chief Executive Officer

Status

Former

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