The Edgewater Funds Announces Nationwide Cooling Group’s Acquisition of Four HVAC/R Coil Manufacturers and Distributors
April, 2025
Edgewater Growth Capital Partners V, L.P. is pleased to announce its portfolio company, Nationwide Cooling Group, LLC (“Nationwide”) has acquired four heating, ventilation, air conditioning and refrigeration (“HVAC/R”) coil manufacturers and distributors: (i) Precision Coils (“Precision”) in Brownsville, TN; (ii) Specialty Coils (“Specialty”) in Longview, TX; (iii) Emergent Coils (“Emergent”) in Denver, CO; and (iv) JMG Thermal (“JMG”) in Lexington, TN.
“We are thrilled to welcome Precision, Specialty, Emergent and JMG into the Nationwide family,” said Hal Liller, CEO of Nationwide. “These acquisitions expand our product offering and significantly increase our manufacturing capacity. Importantly, Nationwide is now one of the largest independent coil manufacturers in the country”.
About Precision Coils
Formed in 2005 and headquartered in Brownsville, TN, Precision Coils is a manufacturer of replacement coils and OEM coils for commercial and industrial HVAC systems. For more information, visit www.precision-coils.com.
About Specialty Coils
Founded in 2009 and headquartered in Longview, TX, Specialty Coils is a manufacturer of replacement coils and OEM coils for commercial and industrial HVAC systems. For more information, visit www.specialtycoils.com.
About Emergent Coils
Founded in 2010 and headquartered in Denver, CO, Emergent Coils is a distributor of replacement coils and OEM coils for commercial and industrial HVAC systems. For more information, visit www.emergentcoils.com.
About JMG Thermal
Founded in 2022 and headquartered in Lexington, TN, JMG Thermal is a manufacturer of commercial and industrial tube & fin heat exchanger coils. For more information, visit www.jmgthermal.com.
About Nationwide Cooling Group
Nationwide is a vertically integrated commercial & industrial HVAC/R coil manufacturer and distributor. Nationwide is actively targeting acquisitions of companies in HVAC/R manufacturing.