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GCG Deal Announcement | XLCS Partners, Inc. advised AC Direct

XLCS Partners, Inc. advised AC Direct in the acquisition by Hall Capital Holdings, LLC.

Founded in 2001, AC Direct is America’s oldest online HVAC wholesaler and a digital-first distributor of heating and cooling systems, units, and accessories serving customers nationwide. The Company targets residential homeowners while also supporting a growing base of small contractors, real estate professionals, and business owners. Differentiated by a robust e-commerce platform, competitive wholesale pricing versus traditional dealer channels, leading manufacturer partnerships, and deep industry expertise, AC Direct is uniquely positioned to capitalize on the HVAC market’s accelerating shift to online distribution.

Headquartered in Palm Harbor, Florida, Hall Capital Holdings is a single-family office and active investor deploying flexible, long-term capital, focused on partnering with operators to acquire and scale high-quality lower middle market businesses.

XLCS acted as the exclusive M&A advisor to AC Direct, and the transaction was led by Reed McMahon, Vice President, and Ford Heston, Associate. Read the press release.


13 April 2026

XLCS Partners, Inc.

GCG Capital