Watsco has announced the signing of a definitive agreement to acquire Jackson Supply Company.

Founded in 1972, Jackson Supply Company is one of the Sunbelt’s largest HVAC distributors with sales of $230 million in 2025. The Company serves approximately 5,000 customers from 25 locations in high-growth Sunbelt markets such as Texas, Louisiana, Tennessee, Alabama, Mississippi, Oklahoma and Arizona. Its diversified, balanced product offering includes Goodman and Amana brand HVAC equipment manufactured by Daikin Comfort Technologies North America, Inc. along with a broad array of supplies, accessories, and parts sourced from approximately 200 vendors.

Jackson Supply will operate as an independent business and will continue to be led by its existing management team, under the leadership of Jim Durrett and Jennifer Ballsieper, in keeping with Watsco's long-standing approach of investing in great leadership teams and successful cultures. The transaction is expected to close in the second quarter and is subject to customary closing conditions and regulatory approvals.

Albert H. Nahmad, Watsco’s Chairman and CEO said: “Jackson Supply is one of the most iconic, entrepreneurial businesses in our industry. Jim Durret and his next generation team of leaders will continue to guide the Company in their next chapter of growth, while sustaining their name, identity and unique culture. We look forward to supporting their growth with our capital, technology, industry relationships, and more to build on their impressive track record of success. We are pleased to become part of the Jackson Supply family.”

Jim Durrett, Chairman of Jackson Supply, commented: “We are proud and excited to join the Watsco family. Partnering with Watsco was the logical choice – Jackson Supply will retain its identity, culture and the unique approach to serving HVAC contractors that has made us so successful. We have ambitious growth plans and are ready to capitalize on the opportunities ahead. We also look forward to adopting Watsco’s innovative technology platforms to support our customers, complementing the customer focus that is at the heart of Jackson Supply’s culture.”

Watsco’s Buy and Build Growth Strategy

 Watsco has acquired 72 businesses since 1989, most of which were successful, multi-generation, family-owned businesses. Watsco’s buy and build strategy can be summarized as follows:

– Identify and partner with great businesses focused on the HVAC/R industry
– Support their leadership team and honor the culture and legacies they created
– Ask for aggressive growth plans and help leadership achieve their ambitions
– Motivate teams and reaffirm an ownership culture with long-term equity
– Deploy the industry’s most comprehensive suite of customer-focused technologies
– Solicit and collaborate on big ideas to foster a spirit of innovation and growth
– Build a stronger Watsco because of our association with these companies

Watsco is actively seeking additional opportunities to invest and grow through acquisitions to expand our relatively low market share of the estimated $74 billion North American distribution marketplace for HVAC/R products.