MEMPHIS, Tenn. and BOSTON – Kele, Inc. (Kele) announced today the acquisition of Control Consultants, Inc. (CCI). This strategic combination highlights each company’s long-term commitment to providing industry leading products and solutions to its customers.
The combined entity will operate as separate brands, but will leverage the strengths each bring. Kele and CCI headquarters will remain in Memphis, Tenn. and Boston, respectively. Richard Campbell, current president and CEO of Kele, will serve as president and CEO of the combined company. Campbell has over 30 years of experience with commercial and industrial products, 27 of which were spent with Trane focused on heating, ventilation, and air conditioning (HVAC) and building automation systems (BAS).
John Donahue will continue to serve as President of CCI, a company that he founded 29 years ago. Donahue brings over 38 years of experience in the design and distribution of building automation products. Campbell and Donahue will be supported by seasoned executives from both companies.
“Kele is well-known throughout the industry for delivering customers the products, services and solutions they need while providing top-notch technical expertise,” Campbell said. “CCI has built a reputation on delivering products and system designs helping to keep their customers in the forefront of the growing intelligent building market, leading to the ever-growing Internet of Things (IoT). Together we will be unmatched in delivering quality products plus game-changing services and solutions to our customers.”
“CCI is a company dedicated to providing and advancing innovative controls and solutions that help produce healthy, comfortable and energy-efficient buildings,” Donahue said. “We are very excited to join forces with Kele whose culture and commitment to customer service make them a world-class distributor, second to none. Joining the Kele team will drastically expand our breadth of products, resources and specialized services, and ultimately allow us to better serve our customers.”
Kele’s acquisition of CCI was effective as of September 29, 2017. Blank Rome, LLP. acted as legal counsel to Kele, Inc. Tamkin & Hochberg, LLP. acted as legal counsel to Control Consultants, Inc. and Beacon Equity Advisors, Inc. served as the financial advisor to Control Consultants Inc.
About Kele, Inc.
Kele, Inc. is a leading distributor of building automation products and controls solutions globally. Kele serves the $50+ billion building automation systems (BAS) market with over 400 brands and 1.8 million parts in-stock including sensors, transmitters, switches, gauges, valves, actuators, relays and more. Kele’s products can be integrated into existing buildings or new construction. Value added services include custom panel assembly, specialized sourcing and technical support. Strategically located in America’s logistics hub in Memphis, Tennessee, Kele provides building automation and industrial customers with fast and reliable services. Kele is owned by private equity firm Snow Phipps, LLC. To learn more about Kele, visit www.kele.com.
About Control Consultants, Inc
Control Consultants, Inc. is the premier controls distributor in the Greater New England area, specializing in HVAC systems and controls. CCI provides innovative, cost-effective control solutions and web-based facility integration designs across a spectrum of facility types including commercial buildings, schools, universities, government facilities and retail locations. Whether your needs are basic replacement control components or a fully integrated solution, CCI provides the technologies and support from the field device to the enterprise layer. To learn more about Control Consultants, visit www.controlconsultantsinc.com.
For Kele, Inc. Inquiries:
John Strawn
Chief Marketing Officer
901-359-4012
john.strawn@kele.com
For Control Consultants, Inc. Inquiries:
Control Consultants, Inc.
Mike Donahue
781-277-5107
MDonahue@controlconsultantsinc.com