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DiversiTech® Acquires Quick-Sling LLC.

Acquisition Provides HVAC Wholesalers and Contractors with Suite of HVAC Products That Makes Installation Safer, Quicker and More Affordable

ATLANTA - April 20, 2016 - DiversiTech Corp., a leading manufacturer and supplier of HVACR parts and accessories, announced today that it has purchased Quick-Sling LLC., the industry’s premier manufacturer of mounting products for residential, commercial and industrial HVAC equipment. The acquisition, completed April 12, provides wholesalers and contractors with greater accessibility to a suite of products that makes installation of air handlers and furnaces quicker, more affordable, more reliable and safer.

“Quick-Sling and its approach to serving the HVAC community perfectly matches our own,” said DiversiTech CEO Jim Prescott. “Both organizations are driven by providing best-in-class products that can simplify and add profitability to both the wholesaler and contractor. With this new partnership, DiversiTech adds another industry leading product group to DiversiTech’s broad consolidated offering in an effort to better serve our customers.”

“We are thrilled to join the DiversiTech family,” said Quick-Sling Founder and CEO Bill Crowley. “DiversiTech’s reputation and distribution advantages will enable Quick-Sling products to reach a wider range of wholesale customers and contractors, which can provide multiple advantages, not the least of which is to help them grow their businesses.”

Quick-Sling, founded in 2011 and based in Massachusetts, has revolutionized the way furnaces, air conditioning units and air handlers are installed. Prior to Quick-Sling, contractors needed to assemble approximately 12 separate materials (steel beams, side beam hangers, washers, nuts and bolts, etc.) to create a functional and safe mounting system to support equipment. Quick-Sling eliminates that time-consuming and costly need. All Quick-Sling products come 80 percent already assembled. Now, a process that used to take approximately two-plus hours, can take as little as 5 minutes, saving the contractor valuable time and money.

In addition, Quick-Sling mounting products are rigorously engineered and tested. This means contractors and their customers (homeowners, building managers, etc.) can rest assured that their installations will meet federal, state and local building and safety codes. Moreover, Quick-Sling Super Stand models are seismic-certified (when instructions are followed) and have an outstanding safety overturning factor compared with similar systems.

All Quick-Sling products are manufactured in the U.S. and patented for their engineering innovation. Quick-Sling’s full suite of products spans seven different product lines: Quick-Slings, Quick-Stands, Mini-Split Stands, Quick-Swivels, Wall-Brackets, Boiler Brackets and Super Stands. The company’s HVAC 12” Mini Split Stand is the number one selling HVAC stand in North America. Quick-Sling also offers a wide array of accessory products.

Quick-Sling employs more 30 people, including 16 expert fabricators, who can also develop custom products for customers.

Quick-Sling customers can continue to order product and do business with the company as they currently do during the integration period, which is expected to be complete by the end of May.

DiversiTech’s acquisition of Quick-Sling is the company’s third acquisition in the past five months. It continues the company’s aggressive strategy to bring its customers world-class products and service and make each customer more profitable. The company currently offers more than 7,000 product items in over 200 product categories.

Distributors and contractors wanting more information can contact their local DiversiTech manufacturer representative or visit www.diversitech.com

About DiversiTech

Founded in 1971, DiversiTech ® Corporation is North America’s largest manufacturer of equipment pads and a leading manufacturer and supplier of components and related products for the heating, ventilating, air conditioning, and refrigeration (HVACR) industry. Headquartered in the Atlanta, Ga., metropolitan area, DiversiTech’s mission for its wholesaler partners is to simplify the way they work. The Company is focused on growth through internal product development, external partnerships and acquisition. Manufacturing a suite of products, which includes a wide range of mechanical, electrical, chemical and structural parts for HVACR systems, DiversiTech brings unparalleled scaling capabilities and supplier expertise. The Company holds numerous patents and operates an advanced R&D materials division dedicated to bringing more value to its customers. The Company maintains over 1 million square feet of manufacturing and distribution space in key U.S., Canadian and European locations. DiversiTech has enjoyed a continued history of successful growth and has acquired industry recognized brand names including Wagner® Manufacturing, Specialty Chemical, EcoPad®, The Black Pad® and Super Seal™. More information is available at www.diversitech.com.

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DiversiTech®, the DiversiTech chevron, Wagner®, UltraLite®, CladLite®, E-Lite®, The Black Pad®, Wet Switch®, and Pro-Treat® are registered trademarks of DiversiTech Corporation in the United States and other countries.

For more information:

Alec Minné

DiversiTech Corporation

(678) 542-3600 x1046

aminne@diversitech.com

Matt Spaulding

Spaulding Communications

404-270-1010x1

matts@spauldingcommunications.com


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