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Flair Secures Investment and Strategic Relationship with RectorSeal®

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Flair, a smart home HVAC control solutions provider, has secured a strategic investment from RectorSeal, a leading HVAC/R and plumbing accessories manufacturer. The investment round, which included participation from SOSV, Skyview, Peter Nagar, SIG, Ulrich Gall, and Lowercarbon Capital, will help Flair accelerate growth and expand its hvacOS™ platform.

The strategic relationship grants Flair access to RectorSeal's extensive distribution network and opens opportunities for mutual strategic initiatives. This collaboration aims to increase Flair's market reach to homeowners and HVAC professionals, while strengthening its position in the home HVAC control market.

Flair, fornitore di soluzioni per il controllo HVAC per smart home, ha assicurato un investimento strategico da parte di RectorSeal, un leader nella produzione di accessori HVAC/R e per la plumbinga. Il round di investimento, che ha visto la partecipazione di SOSV, Skyview, Peter Nagar, SIG, Ulrich Gall e Lowercarbon Capital, aiuterà Flair ad accelerare la crescita e ad espandere la sua piattaforma hvacOS™.

La relazione strategica concede a Flair l'accesso all'estesa rete di distribuzione di RectorSeal e apre opportunità per iniziative strategiche reciproche. Questa collaborazione mira ad aumentare la portata di Flair tra i proprietari di case e i professionisti HVAC, rafforzando al contempo la sua posizione nel mercato del controllo HVAC domestico.

Flair, proveedor de soluciones de control HVAC para hogares inteligentes, ha asegurado una inversión estratégica de RectorSeal, un fabricante líder de accesorios para HVAC/R y plomería. La ronda de inversión, que incluyó la participación de SOSV, Skyview, Peter Nagar, SIG, Ulrich Gall y Lowercarbon Capital, ayudará a Flair a acelerar su crecimiento y expandir su plataforma hvacOS™.

La relación estratégica otorga a Flair acceso a la extensa red de distribución de RectorSeal y abre oportunidades para iniciativas estratégicas mutuas. Esta colaboración tiene como objetivo aumentar el alcance de Flair entre propietarios de viviendas y profesionales de HVAC, mientras refuerza su posición en el mercado de control HVAC para hogares.

Flair는 스마트 홈 HVAC 제어 솔루션을 제공하는 회사로, HVAC/R 및 배관 액세서리의 선두 제조업체인 RectorSeal로부터 전략적 투자를 확보했습니다. 이번 투자 라운드에는 SOSV, Skyview, Peter Nagar, SIG, Ulrich Gall, Lowercarbon Capital이 참여했으며, Flair는 이를 통해 성장을 가속화하고 hvacOS™ 플랫폼을 확장할 수 있게 될 것입니다.

이 전략적 관계는 Flair에게 RectorSeal의 방대한 유통 네트워크에 접근할 수 있는 기회를 제공하고 상호 전략적 이니셔티브의 기회를 열어줍니다. 이 협력의 목적은 Flair의 시장 점유율을 주택 소유자와 HVAC 전문가에게 늘리고, 주택 HVAC 제어 시장에서의 입지를 강화하는 것입니다.

Flair, fournisseur de solutions de contrôle HVAC pour maisons intelligentes, a obtenu un investissement stratégique de la part de RectorSeal, un fabricant leader d'accessoires HVAC/R et de plomberie. Ce tour de financement, qui a également vu la participation de SOSV, Skyview, Peter Nagar, SIG, Ulrich Gall et Lowercarbon Capital, aidera Flair à accélérer sa croissance et à développer sa plateforme hvacOS™.

La relation stratégique permet à Flair d'accéder au vaste réseau de distribution de RectorSeal et ouvre des opportunités pour des initiatives stratégiques mutuelles. Cette collaboration vise à accroître la portée de Flair auprès des propriétaires de maisons et des professionnels HVAC, tout en renforçant sa position sur le marché du contrôle HVAC résidentiel.

Flair, ein Anbieter von Lösungen zur Steuerung von HVAC in Smart Homes, hat eine strategische Investition von RectorSeal, einem führenden Hersteller von HVAC/R- und Sanitärzubehör, gesichert. Die Investitionsrunde, an der SOSV, Skyview, Peter Nagar, SIG, Ulrich Gall und Lowercarbon Capital teilgenommen haben, wird Flair helfen, das Wachstum zu beschleunigen und die hvacOS™ Plattform auszubauen.

Die strategische Beziehung gewährt Flair Zugang zu RectorSeals umfangreichem Vertriebsnetz und eröffnet Chancen für gegenseitige strategische Initiativen. Diese Zusammenarbeit zielt darauf ab, Flairs Reichweite auf Hausbesitzer und HVAC-Profis zu erhöhen und gleichzeitig die Position im Markt für die Steuerung von HVAC in Wohngebäuden zu stärken.

Positive
  • Strategic investment secured from established HVAC/R manufacturer RectorSeal
  • Access gained to RectorSeal's extensive distribution network
  • Additional funding received from multiple venture capital investors
Negative
  • None.

Insights

The strategic investment in Flair by RectorSeal, a subsidiary of CSW Industrials (CSWI), represents a calculated move into the growing smart HVAC control market. While specific financial terms weren't disclosed, this investment strengthens CSWI's position in the HVAC/R sector and expands their product portfolio into smart home technology. RectorSeal's extensive distribution network could significantly accelerate Flair's market penetration, potentially creating meaningful revenue synergies.

The smart HVAC control market presents substantial growth opportunities, driven by increasing demand for energy-efficient solutions and smart home integration. This strategic relationship could enhance CSWI's competitive position against other players in the space while diversifying their revenue streams into higher-margin smart technology products.

Flair's hvacOS™ platform represents a significant technological advancement in the HVAC control market. The system's focus on addressing long-standing airflow and control issues through smart technology demonstrates strong product-market fit. The strategic relationship with RectorSeal could accelerate product development and market adoption through established distribution channels.

The participation of notable investors like Lowercarbon Capital and SOSV suggests strong confidence in Flair's technology and market potential. The combination of Flair's innovative smart home technology with RectorSeal's industry expertise and distribution network could create a powerful competitive advantage in the rapidly growing smart HVAC market.

SAN FRANCISCO, Dec. 18, 2024 /PRNewswire/ -- Flair, a leading provider of smart home HVAC control solutions, today announced a strategic investment from RectorSeal, a leading manufacturer of HVAC/R and plumbing accessories.

This investment will empower Flair to accelerate its growth and expand its market leading hvacOS™ platform.

This investment—led by RectorSeal with participation from SOSV, Skyview, Peter Nagar, SIG, Ulrich Gall, and Lowercarbon Capital—will empower Flair to accelerate its growth, expand its market leading hvacOS™ smart heating and cooling platform, strengthen its position in the home HVAC control market, and drive its mission to bring meaningful energy reduction while improving comfort in people's lives.

"We are thrilled to develop a strong working relationship with RectorSeal, whose commitment to excellence, extensive channel presence and standing in the HVAC market aligns perfectly with our passion for delivering breakthrough, simple, and affordable solutions to address heating and cooling airflow and control issues that have plagued homeowners for decades. This collaboration allows us to deliver even greater value to our customers, channels, and HVAC industry partners." – Daniel Myers, Co-Founder and CEO, Flair

The relationship provides Flair access to invaluable RectorSeal resources, including a vast distribution network and opportunity to work towards a variety of mutually beneficial strategic initiatives. Ultimately, the collaboration will enable Flair to reach a wider audience of homeowners and HVAC professionals, driving further adoption of its smart home devices.

"Flair's innovative technology aligns perfectly with our mission to provide cutting-edge solutions to the HVAC/R industry and expand our presence in the emerging smart home HVAC control market. We are excited to support Flair's growth and help them bring their smart home hvacOS™ platform and products to a broader market." – Jeff Underwood, President, RectorSeal

About Flair
Founded in 2014, Flair is a leading provider of smart home technology that empowers homeowners to control their indoor climate and energy consumption. With its innovative products and user-friendly app, Flair offers a seamless and efficient way to manage home comfort.
For more information about Flair's smart home HVAC control solutions please visit flair.co.

About RectorSeal
RectorSeal, LLC, a wholly owned subsidiary of CSW Industrials, Inc. [NASDAQ: CSWI], is a leading provider of quality solutions for the professional trades serving heating, ventilation, and air conditioning (HVAC/R), plumbing, electrical, and construction markets.
For more information about RectorSeal's innovative products and brands that increase efficiency and improve reliability, please visit rectorseal.com.

Media Contact
media@flair.co

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SOURCE Flair

FAQ

What is the strategic investment partnership between Flair and RectorSeal?

RectorSeal has made a strategic investment in Flair to help accelerate growth and expand its hvacOS™ platform, providing access to RectorSeal's distribution network and strategic resources.

Who are the investors participating in Flair's latest funding round?

The investment round was led by RectorSeal with participation from SOSV, Skyview, Peter Nagar, SIG, Ulrich Gall, and Lowercarbon Capital.

How will the RectorSeal investment benefit Flair's market expansion?

The investment will help Flair accelerate growth, expand its hvacOS™ platform, strengthen its position in the home HVAC control market, and reach a wider audience of homeowners and HVAC professionals.

What are the strategic benefits of Flair's partnership with RectorSeal?

The partnership provides Flair access to RectorSeal's vast distribution network and opportunities for mutually beneficial strategic initiatives in the HVAC market.

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