# Leonard Valve Company acquires Heat-Timer Corporation

Heat-Timer Corporation, a supplier of commercial heating controls and energy management systems, has been sold to Leonard Valve Company, a portfolio company of Bessemer Investors. EC M&A acted as exclusive financial advisor to Heat-Timer.

- Type: Acquisition
- Announced: 2024-08-05
- Status: completed
- Products: boiler controls, domestic hot water controls, motorized valves, energy management systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Bessemer Investors](https://endata.com/companies/6216.md) (investor)
- [Leonard Valve Company](https://endata.com/companies/6217.md) (acquirer)
- [Heat-Timer Corporation](https://endata.com/companies/12123.md) (target)

## Sources

- [ec-ma.com](https://www.ec-ma.com/heat-timer-has-been-sold-to-leonard-valve-company-a-portfolio-company-of-bessemer-investors/), 2024-08-05: "Heat-Timer has been sold to Leonard Valve Company (Leonard), a portfolio company of Bessemer Investors (Bessemer)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
