Averon Group

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Averon Group - overview

Location

Dallas, TX, US

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

Averon Group, based in the US, specializes in HVAC distribution and operational efficiency solutions, focusing on sustainable growth for the trades industry. Averon Group is a distribution platform for the HVAC industry, headquartered in Dallas, US. The company was acquired by Trinity Hunt Partners, with financial terms undisclosed. It has engaged in one notable deal, reinforcing its strategic focus on distribution services for commercial clients across North America and select regions of Europe.


The company's founder's history is not publicly available, nor is there any indication of prior ventures. Averon Group operates as a national distribution platform focused on sustainable growth, primarily serving the trades industry. Its core offerings include a range of distribution services designed to enhance operational efficiency for HVAC distribution owners and operators. These services are structured around Centers of Excellence, which utilize playbooks and dedicated resources to act as catalysts for growth.


The company emphasizes a strong customer service ethos and aims to protect the legacy and culture of the businesses it partners with. Averon's client base comprises leading commercial distribution companies across various geographical markets, including the United States, Canada, and select regions in Europe, where it provides tailored solutions to meet the specific needs of its customers and end-users. Averon's revenue model is built on establishing partnerships with distribution companies, where transactions typically involve a B2B structure focused on mutual growth and value creation. The firm supports its clients through reliable succession plans and value-driven initiatives, facilitating a sharing of future upside potential.


Revenue is generated through service agreements and partnership frameworks that may include performance-based incentives, enabling clients to achieve outsized results. Specific pricing structures for individual service offerings are aligned with the unique needs of each partner, ensuring competitive and fair pricing for the comprehensive support and resources provided. Averon's commitment to excellence and operational support reinforces its financial stability and growth potential in the distribution sector. Averon Group's strategy for future growth includes the development of innovative HVAC distribution solutions tailored to evolving market demands.


The company plans to expand into new geographic regions, specifically targeting emerging markets in Europe and Canada by the end of 2024. The recent acquisition by Trinity Hunt Partners is expected to provide the necessary resources for these initiatives, enhancing Averon's operational capacity and market reach.


Current Investors

Trinity Hunt Partners

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Heating, Cooling & Ventilation Equipment and Services

Website

www.theaverongroup.com/

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Averon Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedFenco Supply Company-
BuyoutCompletedAveron Group-

Displaying 1 - 2 of 2

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.