On Monday, CPS Products announced they have acquired the assets of Orlando based AAB Smart Tools, LLC, terms of the transaction were not disclosed.
“AAB’s innovative products and future developments are a great addition to CPS.” said Jeff Fox, chairman and chief executive office of Harbor Group, which includes CPS products “We eagerly welcome their product development skills and vision to our team and believe access to the Harbour Group operating resources will assist in future product development and growth.”
AAB develops smart device-connected tools for HVAC technicians. Their current product line includes a dual-port static pressure meter, airflow and environmental meters, temperature and humidity measurement and data loggers, and a variety of other accessories. Additional products will be added in the coming months.
“We are excited to become a part of the CPS platform, and to participate in bringing a growing line of new, smart, technology-enabled tools to the market.” said Scott Madden is AAB’s founding partner and product development leader.