Edgewater Growth Capital Partners V, L.P. (Edgewater) has announced an investment in Nationwide Coils, Inc., a leading distributor of custom HVAC replacement coils and heat exchangers for commercial and industrial facilities. Based in Somers, New York, Nationwide Coils was founded in 2004 by Ross Stephens. This partnership will see Edgewater and the Nationwide Coils management team collaborate to launch a new platform targeting the HVAC and refrigeration replacement coil and heat exchanger market. Edgewater plans to expand this platform rapidly through organic growth and strategic acquisitions. The private equity firm focuses on partnering with proficient management teams to accelerate business growth, offering both control and non-control investment options.
Private Equity, HVAC Industry,USA
The Edgewater Funds Announces Investment in Nationwide Coils, Inc.