High Street Capital is pleased to announce that its portfolio company DiversiTech Corporation has successfully completed the acquisition of The Black Pad® equipment pad product line from PolyVulc USA, Inc. This acquisition, which was funded entirely from the strength of DiversiTech’s balance sheet, allows the company to better serve its wholesale distribution partners by adding Black Pad® HVAC, pool and spa equipment pads to its broad portfolio of HAVAC/R products.
DiversiTech Corporation, headquartered in Atlanta, GA, is North America’s largest manufacturer of air conditioning condenser pads and a leading supplier of components and related products for the heating, ventilating, air conditioning, and refrigeration (HVACR) industry. DiversiTech manufactures a suite of products which includes a wide range of mechanical, electrical, chemical, and structural parts for HVACR systems. The company maintains manufacturing and distribution facilities across the United States, China and Vietnam. Visit DiversiTech at www.DiversiTech.com.