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HUNTER FAN COMPANY ACQUIRES INDUSTRIAL FAN PROVIDER JAN FAN

Acquisition brings fixed and rolling mount caged fan products to Hunter customers

DC Velocity Staff
By DC Velocity StaffOct 15, 2019
DC Velocity Staff
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Nashville, Tenn. (October 11, 2019)—Hunter Fan Company, a portfolio company of MidOcean Partners and a leading manufacturer of ceiling and industrial fans, has acquired Entrepreneurial Pursuits, Inc. (d/b/a "Jan Fan"). Headquartered in Michigan and Ohio, Jan Fan is a manufacturer and distributor of fixed and rolling-mount caged fan solutions for commercial and industrial workspaces. The combination of these two businesses further strengthens Hunter's rapidly growing position in the industrial fan segment of the market. Jan Fan has operated for more than 60 years and serves customers across the United States, Canada and Mexico. The company's products include heavy-duty pedestal fans, mounted fans, shop fans, floor fans and mobile fans. Jan Fan's high quality, energy-efficient products will complement Hunter's existing line of industrial high-volume low-speed "(HVLS") and commercial ceiling fans.

"We are very pleased to welcome Jan Fan into the Hunter Fan family," said John Alexander, CEO of Hunter Fan. "Jan Fan has a strong reputation for high quality fans and a long track record of best-in-class customer relationships. Jan Fan will expand our current portfolio of products and allow for a more complete solution for our customers. Jan Fan's products are complementary to Hunter's existing industrial products and the addition provides significant cross-sell opportunities and a scaled go-to-market solution as we look to be a "one-stop-shop" for our customers."

Andrew Gilbert, Principal of MidOcean Partners, said "The acquisition of Jan Fan augments Hunter's growing HVLS fan business allowing the company to provide a more holistic solution for our customers' needs. We are excited to continue the rapid growth, both organically and through acquisition of Hunter's Industrial division with the addition of Jan Fan."

The terms of the transaction were not disclosed. Gibson, Dunn & Crutcher LLP acted as legal advisor to Hunter Fan.

About Hunter Fan Company
The maker of 'Trusted Fans for Inspired Spaces' since 1886, Hunter Fan Company is the world's original ceiling fan manufacturer. As the #1 most installed ceiling fan for over 100 years, Hunter continues to provide a deep heritage of performance, comfort and everyday style for any room, giving consumers confidence, peace-of-mind and ultimately more control over their home environment. For more information, visit www.hunterfan.com

Hunter Industrial is part of that heritage, and the industrial division's high-volume, low-speed fans embody Hunter's passion for pioneering breakthroughs in ceiling fan technologies. Hunter Industrial's fans are designed with every person in the process in mind—from installer to owner. Based in Nashville, Tenn., Hunter Industrial's designers, engineers and technicians work together to test, prototype and manufacture every fan to perfection. For more information, visit www.hunterfan.com/industrial.

For distributor inquiries, contact Hunter Industrial's Senior Vice President & General Manager Mark D'Agostino at mdagostino@hunterfan.com.

More Info: https://www.hunterfan.com/industrial

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