Nahmad has grown Watsco, the company he bought in 1973, into the largest distributor of air conditioning, heating and refrigeration equipment and related parts and supplies in the U.S. The company employs some 5,200 and has satellite operations in Canada, Latin America and the Caribbean.

Under Nahmad’s leadership, the company has grown revenue from $4.54 billion in 2018 to $4.77 billion in 2019. Watsco’s annual report for 2019 states that its e-commerce revenue had reached $1.5 billion, a 25% increase over 2018.

Nahmad learned how to buy and manage companies while at conglomerate W.R. Grace. In 1988, he purchased Genaire, a distribution business that paved the way for the company’s entry into the HVAC distribution industry.

For the past three decades Watsco has been on a buying spree, purchasing some 60 HVAC distributors throughout the U.S., including one of Philadelphia’s largest family-owned businesses in 2019.

Mohammad Abu-Ghazaleh

Fresh Del Monte Produce

Lewis Bear Jr.

Lewis Bear Co.

Colin Brown

JM Family Enterprises

Rob Burnette

Badcock Furniture

J. Bryan Cooksey III

McCall Service

Thomas Corr

George E. Warren Corp.

Dan Doyle Jr.

DEX Imaging

Lee Evans

Bristol-Myers Squibb

James L. Ferman Jr.

Ferman Automotive

Daniel Gold

Future Energy Solutions

Robert Gordon


David Gott

Sawgrass Mills

Debbie Harvey

Ron Jon Surf Shop

Agustin Herrán

Sedano’s Supermarket

Oscar Horton

Sun State International

Anthony Hucker

Southeastern Grocers

Rich Hume


Todd Jones

Publix Super Markets

Michael Kasbar

World Fuel Services

Keith Koenig

City Furniture

Jeff Levitetz

Purity Wholesale Grocers

Dave Long

OrangeTheory Fitness

Harvey L. Massey

Massey Services

Brett McGill


Larry Morgan

Morgan Auto Group

Irwin Novack

Kane's Furniture

John Peyton

Gate Petroleum

Kim Rivers

Trulieve Cannabis

Byron Russell

Cheney Bros.

Jeffrey Seaman

Rooms to Go

Gerry Smith

Office Depot

Troy Taylor

Coca-Cola Beverages Florida

Terry Taylor

Automotive Management Services