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LennoxAcquisition

Platinum Equity to sell Heat Controller in Jackson to Lennox.

What happened

Lennox acquired Heat Controller on Jun 18th '26.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Platinum Equity to sell Heat Controller in Jackson to Lennox. Platinum Equity in Los Angeles, which is owned by Tom Gores, sole owner and governor of the Detroit Pistons, today announced it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to Lennox. June 18, 2026 Platinum Equity in Los Angeles, which is owned by Tom Gores, sole owner and governor of the Detroit Pistons, today announced it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to Lennox. Lennox, which has its headquarters in Richardson, Texas (near Dallas), provides heating, cooling, indoor air quality, refrigeration, and water heating systems. Financial terms of the transaction were not disclosed. Headquartered in Jackson, Heat Controller serves distributors across North America through its Comfort-Aire and Century brands. Heat Controller was acquired by Platinum Equity in 2024 as part of its investment in Motors & Armatures, Inc. (MARS), a leading distributor of HVAC/R parts, supplies, and equipment. "The sale of Heat Controller represents the culmination of our MARS investment and delivers a successful outcome driven by focused execution on our original investment thesis," says Jacob Kotzubei, co-president of Platinum Equity. "During our stewardship, we partnered with the company's management team to create value...

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Extracted by Autobound

From the Signal API record
Event
Acquisition

What this signalsIntegration work after a deal often opens needs for new systems and services.

Takes effect
Jun 18, 2026
Location
Jackson, Mississippi, United States

Companies

  • Heat ControllerTargetheatcontroller.com

More acquisition signals at other companies

The full record

From the Signal API record

Details

Ticker
NYSE:LII

Extraction

Confidence
67%
Detected
Jun 18, 2026
signal_type
news
signal_subtype
acquires

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d34d8fdf-2c41-405d-b4f3-b169e50cabcd returns this record as JSON. POST /v1/companies/enrich returns every signal for lennox.com.

{
  "signal_id": "d34d8fdf-2c41-405d-b4f3-b169e50cabcd",
  "signal_type": "news",
  "signal_subtype": "acquires",
  "detected_at": "2026-06-18T15:23:06+00:00",
  "company": {
    "name": "Lennox",
    "domain": "lennox.com"
  },
  "data": {
    "url": "https://www.dbusiness.com/daily-news/platinum-equity-to-sell-heat-controller-in-jackson-to-lennox",
    "title": "Platinum Equity to sell Heat Controller in Jackson to Lennox.",
    "ticker": "NYSE:LII",
    "excerpt": "Platinum Equity to sell Heat Controller in Jackson to Lennox.\n\nPlatinum Equity in Los Angeles, which is owned by Tom Gores, sole owner and governor of the Detroit Pistons, today announced it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to Lennox.\n\nJune 18, 2026\n\nPlatinum Equity in Los Angeles, which is owned by Tom Gores, sole owner and governor of the Detroit Pistons, today announced it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to Lennox.\n\nLennox, which has its headquarters in Richardson, Texas (near Dallas), provides heating, cooling, indoor air quality, refrigeration, and water heating systems. Financial terms of the transaction were not disclosed.\n\nHeadquartered in Jackson, Heat Controller serves distributors across North America through its Comfort-Aire and Century brands. Heat Controller was acquired by Platinum Equity in 2024 as part of its investment in Motors & Armatures, Inc. (MARS), a leading distributor of HVAC/R parts, supplies, and equipment.\n\n\"The sale of Heat Controller represents the culmination of our MARS investment and delivers a successful outcome driven by focused execution on our original investment thesis,\" says Jacob Kotzubei, co-president of Platinum Equity.\n\n\"During our stewardship, we partnered with the company's management team to create value...",
    "summary": "Lennox acquired Heat Controller on Jun 18th '26.",
    "location": "Jackson, Mississippi, United States, Northern America, Americas",
    "planning": false,
    "image_url": "https://cdn.dbusiness.com/wp-content/uploads/sites/33/2026/06/PlatinumEquity400.jpg",
    "confidence": 0.6712,
    "published_at": "2026-06-18T15:23:06Z",
    "location_data": [
      {
        "city": "Jackson",
        "state": "Mississippi",
        "region": "Northern America",
        "country": "United States",
        "continent": "Americas",
        "fuzzy_match": false
      }
    ],
    "effective_date": "2026-06-18",
    "article_sentence": "Platinum Equity in Los Angeles, which is owned by Tom Gores, sole owner and governor of the Detroit Pistons, today announced it has signed a definitive agreement to sell Heat Controller, a leading HVAC equipment supplier, to Lennox.",
    "related_company_name": "Heat Controller",
    "related_company_domain": "heatcontroller.com"
  }
}

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