# Daikin Applied makes majority investments in ThermalNetics and TriState HVAC Equipment

Daikin Applied Americas announced majority investments in two of its representatives: ThermalNetics (Detroit) and TriState HVAC Equipment (Philadelphia area). The deals aim to enhance customer care and innovation.

- Type: Acquisition
- Announced: 2022-01-12
- Where: Detroit, Michigan; Philadelphia, Pennsylvania, United States
- Status: announced
- Products: HVAC equipment, parts, services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Daikin Applied Americas](https://endata.com/companies/32552.md) (acquirer)
- [ThermalNetics](https://endata.com/companies/60323.md) (target)
- [TriState HVAC Equipment](https://endata.com/companies/60324.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/daikin-applied-invests-in-long-term-customer-care-and-innovation-with-two-acquisitions-301459232.html), 2022-01-12: "Our mission is to deliver innovative solutions and an exceptional customer experience."
- [hpac.com](https://www.hpac.com/around-the-web/article/21214037/daikin-applied-acquires-two-equipment-services-and-parts-suppliers), 2022-01-13: "Our mission is to deliver innovative solutions and an exceptional customer experience."

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