Atlantic Street Capital partners with HVAC distributor GLP
Atlantic Street Capital has partnered with GLP, a Toronto-headquartered specialty HVAC distributor founded in 1958, with KeyBanc as GLP's adviser.
Atlantic Street Capital, a lower middle market private equity firm, announced a partnership with GLP, a specialty HVAC distributor serving utilities, telecom and industrial customers.
GLP, founded in 1958 and headquartered in Toronto, distributes HVAC equipment, accessories, parts and components from premier brands. The company says it offers technical engineering support and services from system design through warranty administration. KeyBanc served as GLP's exclusive financial adviser.
GLP CEO Philip Desrochers said the partnership would support the company's expansion, and President Cameron Roblin said GLP plans to continue its add-on acquisition model.
Deal facts
- Target
- GLP
- Business
- Toronto-based specialty HVAC distributor founded in 1958, serving utilities, telecom, industrial and mission-critical markets across North America
- Investor
- Atlantic Street Capital
- Sponsor
- Atlantic Street Capital
- Deal type
- Investment
- Headquarters
- Toronto, Ontario
- Advisers
- KeyBanc financial adviser to GLP
- Status
- Announced
- Announced
- Thursday, September 24, 2026
Sources
- PR NewswireSep 24, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.