ClimateCare Expands Across Ontario with New Members and Acquisitions
Deal News | Mar 18, 2025 | EIN
Ontario-based HVAC cooperative ClimateCare is bolstering its footprint across Ontario with new members and strategic acquisitions. Two companies, Windsor's Absolute Comfort Control Systems and Oshawa's Waza Comfort Services, have joined ClimateCare under its Discovery program, allowing them trial membership and access to resources. Existing members of ClimateCare are also expanding their operations; for instance, Cornwall's Walker ClimateCare has extended its service offerings to plumbing following its merger with Morrisburg Plumbing and Heating and acquiring Brockville's TRS Heating & Cooling ClimateCare. Additionally, Woodward Capital Corporation has acquired Design Air ClimateCare, a company co-founded by former ClimateCare president Wayne Langford. The acquisition marks a new chapter for Design Air, with John Haaranen assuming the role of General Manager under the new ownership.
Sectors
- HVAC Services
- Private Equity
Geography
- Canada – The events described in the article, including expansions and acquisitions, are concentrated in Ontario, a province in Canada.
Industry
- HVAC Services – The article focuses on ClimateCare, an HVAC contracting cooperative, and its expansion activities in Ontario.
- Private Equity – The acquisition of Design Air ClimateCare by Woodward Capital Corporation highlights the involvement of private equity in the HVAC services sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ClimateCare | Buyer | Company | An Ontario-based HVAC contracting co-operative expanding its operations through new members and acquisitions. |
| Absolute Comfort Control Systems | Target Company | Company | A family-owned heating, cooling, and duct cleaning company based in Windsor, Ontario. |
| Waza Comfort Services | Target Company | Company | An HVAC and IAQ services provider based in Oshawa, Ontario. |
| Walker ClimateCare | Other Company | Company | An HVAC service provider in Cornwall, Ontario, expanding through mergers and acquisitions. |
| Morrisburg Plumbing and Heating | Target Company | Company | A plumbing and heating service provider merged with Walker ClimateCare. |
| TRS Heating & Cooling ClimateCare | Target Company | Company | An HVAC service provider in Brockville acquired by Walker ClimateCare. |
| Design Air ClimateCare | Target Company | Company | A company previously co-founded by a former ClimateCare president, acquired by Woodward Capital Corporation. |
| Woodward Capital Corporation | Buyer | Company | A private equity firm that acquired Design Air ClimateCare. |
| John Haaranen | General Manager | Person | Appointed as the GM of Design Air ClimateCare post-acquisition. |