Atlantic Street Capital backs Toronto HVAC distributor GLP

What's the deal? Private equity firm Atlantic Street CapitalDealroom has a profile for this one. Try Dealroom → has invested in GLPDealroom has a profile for this one. Try Dealroom →, a Toronto-based specialty HVAC distributor. The company serves utilities, telecom, and industrial customers across North America.

What's the endgame? GLP focuses on specialty heating, ventilation, and air conditioning products for infrastructure-heavy sectors. The backing from Atlantic Street Capital positions it to expand within North America.

The signal: HVAC distribution has become a busy corner of private equity dealmaking, with add-on acquisitions dominating recent activity. GLP's deal reflects continued investor appetite for specialty distributors tied to utilities and telecom infrastructure.

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