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Kian-Backed Team Air Enters Georgia Market with Second Territory Award from OEM Partner American Standard

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Team Air Distributing, backed by Kian Capital, has been awarded new territories in Northern Georgia and Metro Atlanta by American Standard, a division of Trane Technologies (NYSE: TT). This expansion includes opening six new branch locations in 2025, adding over 85 new employees, and bringing the company's total to 300+ employees across 17 branches. This marks Team Air's second territory award in less than a year, following their late 2023 expansion into Kentucky, Southern Indiana, and Illinois.

The move into Atlanta, one of the largest HVAC markets in the US, is expected to drive significant growth for Team Air. The company, a seven-time recipient of the American Standard Pinnacle Award, aims to become the leading HVAC-focused distributor in the Southeast and lower Midwest. Team Air is actively seeking partnerships with businesses supplying wholesale residential and commercial equipment, parts, and supplies in HVAC, plumbing, and electrical sectors.

Team Air Distributing, sostenuta da Kian Capital, ha ricevuto nuovi territori in Georgia del Nord e Metro Atlanta da American Standard, una divisione di Trane Technologies (NYSE: TT). Questa espansione prevede l'apertura di sei nuove filiali nel 2025, con l'aggiunta di oltre 85 nuovi dipendenti, portando il totale dell'azienda a oltre 300 dipendenti distribuiti in 17 filiali. Questo segna il secondo riconoscimento territoriale per Team Air in meno di un anno, dopo l'espansione della fine del 2023 nel Kentucky, nell'Indiana meridionale e nell'Illinois.

Il movimento ad Atlanta, uno dei più grandi mercati HVAC negli Stati Uniti, dovrebbe favorire una crescita significativa per Team Air. L'azienda, sette volte vincitrice del Pinnacle Award di American Standard, punta a diventare il principale distributore focalizzato su HVAC nel sud-est e nel Midwest inferiore. Team Air sta attivamente cercando partnership con aziende che forniscono attrezzature, parti e forniture residenziali e commerciali all'ingrosso nei settori HVAC, idraulico ed elettrico.

Team Air Distributing, respaldado por Kian Capital, ha sido galardonado con nuevos territorios en Georgia del Norte y Metro Atlanta por American Standard, una división de Trane Technologies (NYSE: TT). Esta expansión incluye la apertura de seis nuevas sucursales en 2025, añadiendo más de 85 nuevos empleados, y llevando el total de la empresa a más de 300 empleados en 17 sucursales. Esto marca el segundo reconocimiento territorial de Team Air en menos de un año, después de su expansión a finales de 2023 en Kentucky, Indiana del Sur e Illinois.

La entrada en Atlanta, uno de los mercados HVAC más grandes de EE. UU., se espera que impulse un crecimiento significativo para Team Air. La empresa, galardonada siete veces con el Pinnacle Award de American Standard, tiene como objetivo convertirse en el principal distribuidor enfocado en HVAC en el sureste y el medio oeste inferior. Team Air está buscando activamente asociaciones con empresas que suministren equipos, piezas y suministros residenciales y comerciales al por mayor en los sectores de HVAC, plomería y eléctrico.

팀 에어 유통, 키안 캐피탈의 지원을 받아, 아메리칸 스탠다드로부터 북부 조지아 및 메트로 애틀랜타의 새로운 영토를 수상했습니다. 이 확장은 2025년에 여섯 개의 새로운 지점을 열고, 85명 이상의 신규 직원을 추가하여 회사의 총 직원 수를 300명 이상으로 늘리는 것을 포함합니다. 이는 팀 에어의 1년 이내 두 번째 지역 수상으로, 2023년 말 켄터키, 인디애나 주 남부 및 일리노이에 확장한 이후입니다.

미국에서 가장 큰 HVAC 시장 중 하나인 애틀랜타로의 진출은 팀 에어의 성장을 촉진할 것으로 예상됩니다. 이 회사는 아메리칸 스탠다드의 피너클 어워드를 7차례 수상한 바 있으며, 남동부 및 중서부 하부에서 HVAC 중심의 주요 유통업체로 자리 잡는 것을 목표로 하고 있습니다. 팀 에어는 HVAC, 배관 및 전기 부문에서 도매 주거 및 상업 장비, 부품 및 소모품을 공급하는 기업과의 파트너십을 적극적으로 모색하고 있습니다.

Team Air Distributing, soutenu par Kian Capital, a reçu de nouveaux territoires en Géorgie du Nord et dans le métro d'Atlanta par American Standard, une division de Trane Technologies (NYSE: TT). Cette expansion comprend l'ouverture de six nouvelles succursales en 2025, ajoutant plus de 85 nouveaux employés et portant le total de l'entreprise à plus de 300 employés répartis sur 17 succursales. Cela marque la deuxième attribution de territoire pour Team Air en moins d'un an, suite à leur expansion fin 2023 dans le Kentucky, le sud de l'Indiana et l'Illinois.

Le mouvement vers Atlanta, l'un des plus grands marchés HVAC aux États-Unis, devrait permettre à Team Air de connaître une croissance significative. L'entreprise, sept fois lauréate du Pinnacle Award d'American Standard, vise à devenir le principal distributeur axé sur le HVAC dans le sud-est et le bas du Midwest. Team Air cherche activement des partenariats avec des entreprises fournissant des équipements, des pièces et des fournitures résidentiels et commerciaux en gros dans les secteurs HVAC, plomberie et électrique.

Team Air Distributing, unterstützt von Kian Capital, hat neue Gebiete in Nordgeorgien und im Metro Atlanta von American Standard, einer Division von Trane Technologies (NYSE: TT), erhalten. Diese Expansion umfasst die Eröffnung von sechs neuen Filialen im Jahr 2025, die Hinzufügung von über 85 neuen Mitarbeitern und bringt die Gesamtmitarbeiterzahl des Unternehmens auf über 300 in 17 Filialen. Dies markiert die zweite Gebietsverleihung von Team Air in weniger als einem Jahr, nach ihrer Expansion Ende 2023 nach Kentucky, Südi Indiana und Illinois.

Der Schritt nach Atlanta, einem der größten HVAC-Märkte in den USA, wird voraussichtlich ein erhebliches Wachstum für Team Air fördern. Das Unternehmen, das siebenmal den American Standard Pinnacle Award erhalten hat, strebt an, der führende auf HVAC fokussierte Distributor im Südosten und im unteren Mittelwesten zu werden. Team Air sucht aktiv Partnerschaften mit Unternehmen, die Großhandels-Residential- und Commercial-Ausrüstungen, Teile und Lieferungen in den Sektoren HVAC, Sanitär und Elektrik anbieten.

Positive
  • Expansion into Northern Georgia and Metro Atlanta, a major HVAC market
  • Opening of 6 new branch locations in 2025
  • Addition of 85+ new employees, increasing total workforce to 300+
  • Second territory award from American Standard in less than a year
  • Seven-time recipient of American Standard Pinnacle Award
  • Potential for significant future growth and increased revenue
Negative
  • None.

Insights

Team Air's expansion into Georgia marks a significant growth opportunity. The addition of six new branches and 85+ employees represents a 40% increase in locations and a 28% boost in workforce. Atlanta's status as one of the largest HVAC markets in the U.S. positions Team Air for substantial revenue growth. This expansion, coupled with the recent territory award in Kentucky, Indiana and Illinois, demonstrates strong momentum and confidence from American Standard. The company's consistent performance, evidenced by seven Pinnacle Awards, suggests a solid operational foundation for this expansion. While specific financial projections aren't provided, the scale of expansion implies a significant positive impact on Team Air's future revenue and market share.

This expansion signifies a strategic market penetration for Team Air. The HVAC industry is experiencing robust growth, driven by factors such as:

  • Increasing focus on energy efficiency
  • Rising construction activities
  • Growing demand for smart HVAC systems
Atlanta's hot and humid climate ensures a steady demand for HVAC services. The timing of this expansion aligns well with the post-pandemic economic recovery and the booming real estate market in Atlanta. Team Air's partnership with American Standard, a reputable brand, provides a competitive edge in this new market. The company's ambition to become the leading HVAC distributor in the Southeast and lower Midwest indicates a clear growth strategy, which could lead to further expansions and potential M&A activities in the near future.

Team Air's expansion strategy demonstrates smart, calculated growth. By leveraging its strong relationship with American Standard, the company is mitigating risks associated with entering new markets. The phased approach to opening branches (three in January 2025, three more in H1 2025) allows for controlled scaling and adjustment to local market dynamics. The focus on high-touch service aligns with American Standard's 'Higher Standard' philosophy, creating a cohesive brand experience for customers. Team Air's openness to M&A opportunities suggests a multi-pronged growth strategy, combining organic expansion with potential acquisitions. This approach could accelerate market penetration and diversify their product offerings. The company's ability to secure two territory awards in under a year indicates strong execution capabilities and positions them well for future growth initiatives.

CHARLOTTE, N.C. & ATLANTA--(BUSINESS WIRE)-- Kian Capital-backed Team Air Distributing (“Team Air”), a leading wholesale distributor providing OEM-branded HVAC equipment, parts and supplies to residential and commercial contractors, has been awarded new territories in Northern Georgia and the Metro Atlanta area from its OEM partner American Standard, a division of Trane Technologies (NYSE: TT).

Team Air will open six new branch locations in Northern Georgia and the Metro Atlanta area, beginning with three branches in January 2025 and an additional three branches to be opened in the first half of 2025. The market launch will add more than 85 new employees, creating new jobs in the Atlanta metro and bringing the company’s employee count to 300+ with 17 total branch locations. Atlanta is one of the largest HVAC markets in the United States, and the expansion will prime the platform to take advantage of the highly active sector in a new geography. In late 2023, American Standard awarded Team Air new territories in 130 counties throughout the majority of Kentucky and portions of Southern Indiana and Illinois.

“We’re proud to be awarded our second territory award in a little under a year from our valuable partner, American Standard,” said Jeff Wallace, President & CEO of Team Air. “We expect this expansion to bring significant future growth to the platform, dramatically increasing our employee count, branch count and projected revenue in just under 18 months since we first partnered with Kian. We look forward to bringing our industry-leading, high-touch service to a new market, growing American Standard’s market share and eventually adding product lines in new verticals.”

Team Air is a seven-time recipient of the American Standard Pinnacle Award, which is awarded annually to the top-performing independent distributors across five key operating metrics, with the most recent win being 2023.

“Two territory awards in a little less than a year is a testament to Team Air’s strong performance and relentless dedication to providing top-notch service to its customers,” said Jordan Lee, Partner at Kian. “We’re thrilled to be partnered with such an incredible leadership team and we look forward to continuing to support Team Air as they evaluate strategic M&A in pursuit of the company’s goal of being the leading HVAC-focused distributor in the Southeast and lower Midwest.”

“American Standard has been committed to innovation and home comfort with a ‘Higher Standard’ for over a century,” said Bryan Davenport, Vice President of Sales, Independent Distribution at American Standard. “Our customers have come to know us as a dependable, people-first company that insists on top-quality products and installation. That’s why it is essential to work alongside businesses that align seamlessly with our values and work diligently to provide the same level of commitment. Therefore, we’re proud to broaden Team Air’s territory and support their growth into the active Georgia market.”

Team Air is actively seeking partnerships with like-minded founders with businesses that supply wholesale residential and commercial equipment, parts and supplies including HVAC, plumbing and electrical. Business owners interested in learning more should contact David Duke, Partner, Business Development at Kian, at dduke@kiancapital.com.

About Team Air Distributing

Founded in 1990 and headquartered in Nashville, Tennessee, Team Air Distributing is a leading wholesale distributor providing OEM-branded HVAC equipment, parts and supplies to residential and commercial contractors. Team Air’s management team has combined experience of over 50 years with the company and over 100 years in the industry. Providing best-in-class customer service, creating loyal partnerships, utilizing technological advancements and distributing the best products available are the foundation of Team Air’s success. Team Air partners with only the most trusted and forward-thinking brands such as American Standard, Mitsubishi, GeoStar Geothermal and ClimateMaster Geothermal. To learn more, visit www.teamairdist.com.

About American Standard

American Standard Heating and Air Conditioning offers a broad portfolio of energy-efficient heating, ventilating and air conditioning systems, parts support and advanced controls for residential and light commercial applications to help families feel more comfortable and breathe easier in their homes. To learn more, visit www.americanstandardair.com.

About Kian Capital Partners

At Kian, we forge partnerships to ignite growth and build enduring value. Our goal is to provide flexible financial resources and additional operational horsepower to scale lower-middle-market businesses, realize aspirations and deliver long-term investment returns through genuine partnership. Proud to be recognized on Inc.’s Founder-Friendly Investors list for three consecutive years, Kian is a private investment firm with $1 billion of capital under management and a focus on four core industry sectors: consumer, services, value-added distribution and specialty manufacturing. Our team of seasoned investors has over 100 years of collective experience providing transformational capital solutions and board-level strategic and operational guidance to founder/owner operated businesses. To learn more, visit www.kiancapital.com.

Disclaimer

This article does not constitute an offer to sell or the solicitation of an offer to purchase any investments or securities, including any securities of Kian Capital (“Kian”), or any funds or accounts managed or advised by Kian in any jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation.

Any such offer or solicitation may be made only by means of the delivery of a confidential private offering memorandum (the “Memorandum”), which will contain material information not included herein regarding, among other things, information with respect to risks and potential conflicts of interest, and other offering and governance documents of any given fund or account (collectively with the Memorandum, the “Fund Documents”).

Business Inquiries

David Duke

Partner, Business Development

dduke@kiancapital.com

T 470.823.3008



Media Inquiries

Allie Gamble

MiddleM Creative (on behalf of Kian Capital)

allie@middlemcreative.com

T 704.280.1432

Source: Kian Capital Partners

FAQ

What new territories has Team Air Distributing been awarded by American Standard (TT)?

Team Air Distributing has been awarded new territories in Northern Georgia and the Metro Atlanta area by American Standard, a division of Trane Technologies (NYSE: TT).

How many new branch locations will Team Air open in Georgia?

Team Air will open six new branch locations in Northern Georgia and the Metro Atlanta area, with three branches opening in January 2025 and an additional three in the first half of 2025.

How many new employees will Team Air add with this expansion?

The expansion into Georgia will add more than 85 new employees, bringing Team Air's total employee count to over 300.

When did Team Air receive its previous territory award from American Standard (TT)?

Team Air received its previous territory award from American Standard in late 2023, covering 130 counties throughout the majority of Kentucky and portions of Southern Indiana and Illinois.

How many times has Team Air won the American Standard Pinnacle Award?

Team Air is a seven-time recipient of the American Standard Pinnacle Award, with the most recent win being in 2023.

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