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Home » The Master Group Acquires Fortress Group

The Master Group Acquires Fortress Group

November 8, 2022
Master Group Acquires Fortress Group.jpg

The Master Group is pleased to announce the acquisition of Waterloo-based Fortress Group Inc., specializing in wholesale distribution of heating, ventilation, air conditioning and refrigeration products for residential and light commercial applications. In addition to its Waterloo branch, Fortress operates branches in Guelph, Hamilton, London and Cambridge, offering full coverage for customers in Southwestern Ontario.   

“This acquisition represents a strategic opportunity for Master to accelerate the expansion of our business in key Ontario markets. Operating for nearly four decades, this family-owned business has built a solid foundation and an outstanding reputation. We are excited to welcome the Fortress team to the Master family and are looking forward to combining our strengths to continue serving our customers," said Louis St-Laurent, CEO, The Master Group 

“Master and Fortress share common values, including the same entrepreneurial spirit and passion for the HVAC-R industry. We share a dedication to exceptional customer service focused on delivering beyond expectations. We are delighted to join forces with a recognized Canadian leader," said David Kaytor, president, Fortress Group  

The cities of Waterloo, Guelph and London represent expanded territories for Master. The Fortress locations in Hamilton and Cambridge will provide extended coverage in those markets adding to the existing Master footprint. Master will integrate its extensive product line and supply chain support in all five Fortress branches, ensuring high product availability and a seamless customer experience across these geographies.   

This acquisition combines Master’s 70 years of industry-leading expertise with Fortress’ 40-year legacy of customer dedication to offer cutting-edge solutions and an outstanding customer experience. Master aims to be the partner of choice for all its stakeholders and this acquisition is another step to achieving that mission.

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