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HVAC
INDUSTRY NEWS |
Kele, Inc. Completes Acquisition of Control
Consultants, Inc.
MEMPHIS,
TN and BOSTON, MA – Kele, Inc. (Kele) announced today
the acquisition of Control Consultants, Inc. (CCI). This
strategic combination highlights each company’s
long-term commitment to providing industry leading
products and solutions to its customers. The combined
entity will operate as separate brands, but will
leverage the strengths each bring. Kele and CCI
headquarters will remain in Memphis, Tenn. and Boston,
respectively. Richard Campbell, current president and
CEO of Kele, will serve as president and CEO of the
combined company. Campbell has over 30 years of
experience with commercial and industrial products, 27
of which were spent with Trane focused on heating,
ventilation, and air conditioning (HVAC) and building
automation systems (BAS).
John
Donahue will continue to serve as President of CCI, a
company that he founded 29 years ago. Donahue brings
over 38 years of experience in the design and
distribution of building automation products. Campbell
and Donahue will be supported by seasoned executives
from both companies.
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“Kele is well-known throughout the industry for
delivering customers the products, services and
solutions they need while providing top-notch technical
expertise,” Campbell said. “CCI has built a reputation
on delivering products and system designs helping to
keep their customers in the forefront of the growing
intelligent building market, leading to the ever-growing
Internet of Things (IoT). Together we will be unmatched
in delivering quality products plus game-changing
services and solutions to our customers.”
“CCI is a company dedicated to providing and advancing
innovative controls and solutions that help produce
healthy, comfortable and energy-efficient buildings,”
Donahue said. “We are very excited to join forces with
Kele whose culture and commitment to customer service
make them a world-class distributor, second to none.
Joining the Kele team will drastically expand our
breadth of products, resources and specialized services,
and ultimately allow us to better serve our customers.”
Kele’s acquisition of CCI was effective as of September
29, 2017. Blank Rome, LLP. acted as legal counsel to
Kele, Inc. Tamkin & Hochberg, LLP. acted as legal
counsel to Control Consultants, Inc. and Beacon Equity
Advisors, Inc. served as the financial advisor to
Control Consultants Inc.
About Kele, Inc.
Kele, Inc. is a leading distributor of building
automation products and controls solutions globally.
Kele serves the $50+ billion building automation systems
(BAS) market with over 400 brands and 1.8 million parts
in-stock including sensors, transmitters, switches,
gauges, valves, actuators, relays and more. Kele’s
products can be integrated into existing buildings or
new construction. Value added services include custom
panel assembly, specialized sourcing and technical
support. Strategically located in America’s logistics
hub in Memphis, Tennessee, Kele provides building
automation and industrial customers with fast and
reliable services. Kele is owned by private equity firm
Snow Phipps, LLC. To learn more about Kele, visit
www.kele.com.
About Control Consultants, Inc
Control Consultants, Inc. is the premier controls
distributor in the Greater New England area,
specializing in HVAC systems and controls. CCI provides
innovative, cost-effective control solutions and
web-based facility integration designs across a spectrum
of facility types including commercial buildings,
schools, universities, government facilities and retail
locations. Whether your needs are basic replacement
control components or a fully integrated solution, CCI
provides the technologies and support from the field
device to the enterprise layer.
To learn more about Control Consultants, visit
www.controlconsultantsinc.com.
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