Hills Distribution adds PexUniverse to expand HVAC ecommerce presence
Hills Distribution announced a partnership to add PexUniverse, which offers about 8,000 SKUs of HVAC and plumbing parts, to its platform. Financial terms of the deal were not disclosed. The partnership adds PexUniverse to Hills Distribution’s brand portfolio alongside Plimpton & Hills, Coastal Supply Group, RJ Murray, and Bender Plumbing Supply.
The partnership adds PexUniverse to Hills Distribution’s brand portfolio alongside Plimpton & Hills, Coastal Supply Group, RJ Murray, and Bender Plumbing Supply.
“Hills Distribution is excited to welcome PexUniverse to the platform and deepen our presence in the ecommerce channel, which continues to gain momentum across our industry,” Ron LaBusch, CEO of Hills Distribution said.
“PexUniverse brings a differentiated capability to Hills and expands our participation in one of the fastest-growing channels within plumbing and HVAC distribution,” Jon Perry, chairman of Hills Distribution said.
What we know
Hills Distribution and PexUniverse have announced a partnership, expanding each company’s role in distributing parts in the heating, ventilation and air conditioning (HVAC) space.
The companies did not disclose financial terms in their announcement.
PexUniverse said it has a catalog of about 8,000 SKUs that it offers from its distribution facility.
Additionally, Hill Distribution said two existing team members, Vitaly Kharitonov and Mariya Pylypyuk, would remain with PexUniverse, with Kharitonov in an unspecified role and Pylypyuk serving as PexUniverse’s general manager after the transaction.
It said it invests in wholesale distribution and blue-collar services companies with annual revenues between $25 million and $300 million.