M&A Advisory - ESOP-Owned Companies
was acquired by
a portfolio company of
Founded in 1959 and headquartered in Kennesaw, Georgia, Packard has been a dominant force in the HVACR industry since its inception. As a master distributor, Packard brings wholesalers and OEMs innovative, high-quality products that include top industry names and their own exclusive private-label lines. The Company became 100% employee-owned in 2017.
Packard, Inc. has been acquired by DiversiTech Corp., a portfolio company of Permira I.P. Limited.