FYI: News Briefs in HVAC – January 13, 2025


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FYI: News Briefs in HVAC – January 13, 2025



For your information news briefs from a wide variety of categories within the HVAC industry. Price increases, mergers and acquisitions, award winners, and more are highlighted here each week.

 

ACQUISITIONS

Trane Technologies (Swords, Ireland) announced an agreement to acquire BrainBox AI (Montreal).

Sila Services (King of Prussia, Pa.) acquired HVAC, plumbing, and electrical company John Nugent & Sons (Sterling, Va.) and HVAC and plumbing company A-Comfort Service (Pittsburgh).

 

MANUFACTURERS

Mojave Energy Systems (Sunnyvale, Calif.) raised $9.5 million in Series A funding to support sales and marketing expansion, product launches, and other efforts.

Trane Technologies (Swords, Ireland) appointed Mauro Atalla chief technology and sustainability officer.

James Furlong is retiring as head of Group Division Americas at Belimo Holding AG (Hinwill, Switzerland), and as a member of the Belimo Group executive committee.

Hoshizaki America Inc. (Peachtree City, Ga.) named Anthony Ramkissoon director of sales for the medical and scientific sectors,

Steve Wright director of strategic dealers, and Kelly Marinciuk senior director of strategic sales.

Franklin Electric Co. Inc. (Fort Wayne, Ind.) named Mike Pimentel senior manager of its Industrial & Engineered Systems business unit.

Allied Air Enterprises (West Columbia, S.C.) announced price increases of up to 5% on certain items, effective Monday, Jan. 13.

 

FINANCIAL REPORTS

Shares of Service Titan Inc. (Glendale, Calif.) debuted at $71 each on the Nasdaq Composite (New York) in a December initial public offering.

 

ORGANIZATIONS

Joe Gallagher, senior manager of global procurement at Knowles Precision Devices (Cazenovia, N.Y.), joined the global industry practices committee of the Electronic Components Industry Association (Alpharetta, Ga.).

 

CONTRACTOR SERVICES

Workiz (San Diego) was named to the Deloitte Technology Fast 500 list.

Google (Mountain View, Calif.) and the U.S. Department of Energy (Washington) partnered to connect users of Google Search and Google Maps with home energy

technicians recognized as Energy Skilled.

HVAC Excellence (Mount Prospect, Ill.) named James Crisp executive director of accreditation.

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