# ASPEQ Heating Group acquires BBC Industries

ASPEQ Heating Group, backed by Industrial Growth Partners, has acquired the assets of BBC Industries, a Missouri-based manufacturer of infrared electric heaters and heating systems. The deal closed on February 15, 2023.

- Type: Acquisition
- Announced: 2023-02-15
- Where: Pacific, MO, United States
- Status: completed
- Products: infrared electric heaters, heating systems, dryers, ovens
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Industrial Growth Partners](https://endata.com/companies/22611.md) (investor)
- [ASPEQ Heating Group](https://endata.com/companies/68852.md) (acquirer)
- [BBC Industries](https://endata.com/companies/68853.md) (target)

## Sources

- [aspeqheating.com](https://www.aspeqheating.com/aspeq-and-igp-complete-add-on-acquisition-of-bbc-industries/), 2023-02-28: "The acquisition of BBC and its unique infrared technology will add to ASPEQ's diverse product scope and allow ASPEQ to expand its electric heating solutions to our customer base."

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