Platinum Equity agrees to sell Heat Controller to Lennox
- Lennox agreed to buy Heat Controller from Platinum Equity; terms were not disclosed.
- Heat Controller, based in Jackson, Michigan, supplies HVAC equipment across North America under the Comfort-Aire and Century brands.
- The deal marks Platinum Equity’s final exit from its 2024 investment in Motors & Armatures, which included Heat Controller.
- Platinum Equity previously sold the MARS parts division in 2025 to CSW Industrials for USD 650 million.
- Closing is expected later this year, subject to customary conditions and regulatory approvals.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Platinum Equity LLC published the original content used to generate this news brief on June 18, 2026, and is solely responsible for the information contained therein.
