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DiversiTech Corp., a leading North American manufacturer and supplier of components and related products for heating, ventilation, air conditioning, and refrigeration (HVAC/R), entered into a definitive agreement to purchase Pro1 Thermostats, a leader in heating and cooling technology. This acquisition will reinforce DiversiTech's position in the HVAC/R Industry and expand its product offerings.
Pro1 Thermostats has a proven track record of delivering innovative products to the HVAC/R Industry, making it a perfect fit for DiversiTech. The successful launch of the next generation of thermostats and Pro1 Connect App offers simple, affordable & professional WIFI thermostat models designed for nearly every application. The Pro1 WIFI models are easy to install, simple to operate, and provide the convenience to operate your thermostat from anywhere.
"We are thrilled to be joining forces with the team at Pro1," said Andy Bergdoll, CEO of DiversiTech. "Their focus on developing contractor-friendly control solutions as well as their commitment to the professional channel makes them a great fit with DiversiTech. We look forward to supporting Pro1's product development program and enabling them to leverage DiversiTech resources and infrastructure to build even stronger wholesaler partnerships."
"Pro1 was founded in 2007 with the mission to exclusively focus and service the needs of the HVAC/R Contractor base," said Jeff Edgar, Pro1 founder. "I'm thrilled that the Pro1 brand, HVAC/R Contractor focus, and strong industry reputation will grow even stronger under the DiversiTech portfolio."
"We're excited to join DiversiTech and accelerate our growth plan," added Steve Mykytyn, Pro1 president. "Equally important is that our company values are aligned on the focus on the professional HVAC/R trade. I am honored to be joining the DiversiTech team and to have the chance to work with some of the best minds in the industry," he said. "Together, we will build on Pro1's strong foundation and take it to the next level."
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