The morning brief, in your inbox before you sit down.

New deals · status changes · contested meetings · activist filings. Sent 7am ET on weekdays. Preview today’s

Morning Report
Today's Brief

Jackson Supply Company

private/Watsco, Inc.NYSE: WSO

Watsco To Acquire Jackson Supply Company for $230M

$230MPre-proxyhigh confidence

Key takeaways

  • Watsco, Inc. acquires Jackson Supply Company — $230M aggregate.
  • Expected close: Jun 30, 2026.

Merger Arbeconomics, downside, days

Deal value

$230M

Per-share offer

Premium

Days to close

17d overdue

Jun 30, 2026

Term fee

Consideration
AnnouncedApr 28, 2026
Days outstanding80d
Expected closeJun 30, 2026
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

Timelineannounced → close
  1. Announced

    Apr 28, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

  6. Expected close

    Jun 30, 2026


Vote Mechanicsrecord / mailing / vote

No shareholder vote required for this transaction.


Regulatory & ConditionsHSR / EU / CFIUS / MAC

Closing conditions

  • customary closing conditions
  • regulatory approvals

Closing Conditionsapprovals · vote · financing · lockups

No closing-condition data extracted.


Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

No advisor data on record for this deal.


Filing Timelineevery filing on this issuer
  1. Apr 28, 2026this filing

    Watsco To Acquire Jackson Supply Company for $230M


Comparablessimilar size band, definitive
AnnouncedTargetAcquirerValueConsid.PremiumTerm Fee %
Apr 24, 2026Ace Green Recycling, Inc.Athena Technology Acquisition Corp. II$250Mstock
Apr 24, 2026Cantor Equity Partners II, Inc.Securitize Holdings, Inc.$225Mmixed
Apr 24, 2026Thermon Group Holdings, Inc.(THR)CECO Environmental Corp.$334Mmixed
Apr 24, 2026Thermon Group Holdings, Inc.(THR)CECO Environmental Corp.$334Mmixed
Apr 24, 2026Nuveen Churchill BDC VNuveen Churchill Private Capital Income Fund$337Mmixed
Apr 24, 2026Signature Bancorporation, Inc.Esquire Financial Holdings, Inc.$348Mstock
Apr 30, 2026Carbonium Core, Inc.TOMI Environmental Solutions, Inc.$120Mstock
Apr 24, 2026Boost Run Holdings, LLCWillow Lane Acquisition Corp.$450Mmixed
Apr 24, 2026Boost Run Holdings, LLC / Boost Run Inc.Willow Lane Acquisition Corp.$450Mmixed
Apr 24, 2026Adirondack Bancorp, Inc.Arrow Financial Corporation$89Mmixed

Sources

Watsco, Inc. (NYSE: WSO) announced a definitive agreement to acquire Jackson Supply Company, a Sunbelt HVAC distributor with $230 million in 2025 sales and 25 locations across Texas, Louisiana, Tennessee, Alabama, Mississippi, Oklahoma and Arizona. The transaction is expected to close in Q2 2026 and is subject to customary closing conditions and regulatory approvals. Jackson Supply will operate as an independent business under existing management leadership of Jim Durrett and Jennifer Ballsieper, continuing Watsco's buy-and-build growth strategy in the fragmented $74 billion North American HVAC/R distribution market.

Item id: d84be737-cdd3-48a4-982e-37a08c3acd07 · ingested Apr 28, 2026