IR Pros acquires Prairie HVAC/R

Industrial Refrigeration Pros (IR Pros), a Sawmill Capital-sponsored partnership of industrial refrigeration companies, announced on August 13, 2026, a partnership with Prairie HVAC/R, a Winnipeg-area refrigeration, ice plant and mechanical solutions specialist. The transaction marks IR Pros' first venture outside the United States and establishes its first Canadian operating company. The combination brings together IR Pros' engineering, controls, compliance and cold-envelope capabilities with Prairie HVAC/R's Canadian manufacturing base, cold-climate expertise and long-standing relationships across industrial, commercial and community infrastructure markets. Prairie HVAC/R will retain its name, leadership and current team. IR Pros and Prairie HVAC/R plan to triple manufacturing capacity over the next couple of years and add 20-30 employees in Manitoba and across Canada. Financial terms of the transaction were not disclosed.