Exel Systems Inc.
Exel Systems Inc. is a privately held Canadian HVAC and energy recovery equipment distributor founded in 1993, representing over 50 manufacturers and serving institutional, commercial, and industrial clients across Alberta and the Canadian Territories from offices in Edmonton and Calgary.
- Company typePrivate
- Founded1993
- HeadquartersEdmonton, AB, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What Exel Systems Inc. does
Exel Systems Inc. is a privately held Canadian HVAC and energy recovery equipment distributor and manufacturer representative founded in 1993 in Edmonton, Alberta. The company represents over 50 HVAC manufacturers across North America, supplying custom heating, ventilation, air conditioning, and energy recovery equipment to the institutional, commercial, and industrial marketplaces in Alberta and the Canadian Territories. Its product portfolio spans air handling units, boilers, chillers, cooling towers, heat recovery systems, coils, pumps, VRF systems, precision air conditioning, variable frequency drives, humidifiers, and specialty filtration, alongside water treatment and water heating products.
The company operates from two offices—Edmonton (head office, serving Northern Alberta and the Territories) and Calgary (serving Southern Alberta)—with a team of approximately 25 employees. Its go-to-market is sales-led, working directly with building owners, consulting engineers, and contractors on custom specifications for large institutional and commercial construction projects. Marquee project references include Rogers Place arena, Brookfield Place (tallest office tower in Western Canada), South Health Campus Hospital, Calgary Central Library, Epcor Tower, and University of Lethbridge science building.
Exel Systems generates revenue through hardware sales (HVAC and energy recovery equipment distribution) on a quote-based, project-specific pricing model that is not publicly disclosed. The business amalgamated with Enerscope Systems Inc. in 2013 to broaden its product portfolio, and has since steadily added manufacturer partnerships, including several in 2024-2025. The company is independently owned and operated, with no institutional investors or public shareholders indicated. Supporting digital assets include the Exel University educational video platform and an online Psychrometric Calculator based on ASHRAE 1989 Fundamentals Handbook formulations.
Exel Systems Inc. firmographics
Firmographics- Name
- Exel Systems Inc.
- Legal name
- Exel Systems Inc.
- Website
- https://exelsystems.ca
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Exel Systems Inc. is a privately held Canadian HVAC and energy recovery equipment distributor founded in 1993, representing over 50 manufacturers and serving institutional, commercial, and industrial clients across Alberta and the Canadian Territories from offices in Edmonton and Calgary.
- Ownership category
- akta.pro rank
Where Exel Systems Inc. is headquartered
LocationHeadquarters
- HQ city
- Edmonton, AB
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Exel Systems Inc. business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain
Revenue model
- HVAC Equipment Distribution: Exel Systems generates revenue through the supply of custom HVAC and energy recovery equipment, representing multiple manufacturers in the institutional, commercial, and industrial marketplaces.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels1 record
Exel Systems Inc. product offering
Product offeringCore offering
Exel Systems Inc. is an HVAC and energy recovery equipment distributor and manufacturer representative serving the institutional, commercial, and industrial marketplaces in Alberta and the Canadian Territories. The company represents more than 50 North American HVAC manufacturers and supplies custom heating, ventilation, air conditioning, and energy recovery products directly to building owners, consulting engineers, and contractors from offices in Edmonton and Calgary.
Product overview
Exel Systems Inc. is an HVAC equipment supplier and manufacturer representative established in 1993, specializing in custom Heating, Ventilation, and Air Conditioning (HVAC) and Energy Recovery products for the Institutional, Commercial, and Industrial marketplaces. The company operates as a multi-brand distribution network representing over 50+ HVAC manufacturers across North America. Their product portfolio includes: Air Handling Units (Haakon Industries, Dunham-Bush), Gas Fired Units (Ice Western, Temprite), Heat/Energy Recovery Systems (Polybloc, Cain Industries, SG America, Heatpipe Technology, EnergyWall), Coils (Heatcraft, LJ Wing, Aerofin, RAE Coils), Cooling Towers (Marley, SGS Refrigeration), Specialty Fans (AcoustiFLO, Rosenberg), Critical Environmental Controls (Tek Air, Accutrol), Humidifiers (Neptronic), Hydronic Heating (TWA Panel Systems, Sigma Corporation, Kampmann), Fan Coil Units (Airtherm, Engineered Comfort), Pumps (Grundfos), Ductless AC/VRF (LG), Precision Air Conditioning (ClimateWorx), Variable Frequency Drives (ABB, MGI, Helix Corp), Dry Coolers & Refrigeration (Colmac Coil), Boilers (Aerco, Aldrich, Bryan, Weishaupt, Powermaster, Superior, Sterlco), Chillers (Tandem, RAE RSI, GeoClima), Water Source Heat Pumps (Climate Master, Lync by WATTS), Water Heaters (PVI), and Specialty Filtration (Puroflux, Amiad, Flow-Tech). They also provide a Psychrometric Calculator tool and Exel University educational resources.
Differentiator
Problem solved
Functional benefit
Companies that use Exel Systems Inc.
Customer profileNamed customers16 records
Segments3 records
Ideal customer profiles3 records
Exel Systems Inc. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Exel Systems Inc. partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core.
- Haakon IndustriescoreWorld leader in custom designed and built air handling equipment. Exel Systems represents their products in Alberta, featuring their equipment in major projects including University of Lethbridge, Grande Prairie Regional Hospital, Rogers Place, and many others.
- Dunham-BushcoreOne of the world's top commercial air conditioning manufacturers offering creative solutions for heating, ventilation, air-conditioning and refrigeration systems. Products include chillers, fan coil units, thermal energy storage and packaged air handling equipment.
- AercocoreIndustry leader in boilers and water heating products, originator of semi-instantaneous water heating technology. Founded in 1949, pioneered fully modulating and condensing commercial gas-fired water heaters and boilers in 1988.
- Baltimore Air Coil (BAC)coreLeading manufacturer of evaporative cooling products used in HVAC, refrigeration and industrial process cooling applications.
- MarleycoreLeading brand of SPX Technologies, invented evaporative cooling in 1922. Cooling towers, fluid coolers and components supporting applications in HVAC, refrigeration and industrial process cooling for over a century.
- Climate MastercoreSpecializes in water source heat pumps that move heat efficiently. Their closed-loop systems offer individual zone control and recover otherwise wasted energy for alternative uses.
- GrundfoscoreLargest pump manufacturer in the world, based in Denmark, with more than 19,000 employees globally. Annual production of more than 16 million pump units.
- LGcoreLeading player in global air conditioning market, manufacturing commercial and residential air conditioners. VRF systems with lowest life cycle cost in the market.
- NeptroniccoreManufactures extensive line of electric, gas fired, steam to steam, direct steam injection, evaporative and atomizing humidifiers and controls with innovative operating and maintenance systems.
- Bryan BoilerscoreExclusive Bryan 'Flexible Water Tube' design provides extremely fast, natural internal circulation for maximum heat transfer and operating efficiency.
- WeishauptcoreWorld market leader in gas and oil fired burners for commercial, institutional and industrial applications. Leader in low NOx applications and innovator in combustion management and controls.
- GeoClimacoreItalian manufacturer specializing in environmentally sustainable chillers for air conditioning and refrigeration since 1994. Produces approximately 500 units annually with distributors in over 50 countries.
- AccutrolcoreManufacturer of world class airflow measurement and control products for critical environments. Flagship product AccuValve received the 2008 AHR Innovation award.
- AmiadcoreSpecializes in environmentally-friendly water filtration solutions for industrial, municipal, and agricultural applications. Known for highly efficient, effective, and reliable automatic self-cleaning filters.
- PolybloccoreLeading manufacturer of advanced heat recovery systems with highest efficiency, very high compressive resistance, and temperature and corrosion resistance.
- Cain IndustriescoreLeading designer and producer of combustion exhaust heat transfer products. Over 3 decades in business with 14 complete product lines and over 2,100 standard models.
- Tandem ChillerscoreManufactures only true modular chilling system where individual components can be removed, serviced or replaced without shutting down the balance of the system.
- Enerscope Systems Inc.coreAmalgamated with Exel Systems in 2013, bringing complementary products and similar business philosophy, allowing the combined company to provide significantly more expertise and products to customers.
Scale indicators2 records
Recent moves6 records
Expansion highlights4 records
Exel Systems Inc. competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Exel Systems Inc. social profiles
Digital presenceExel Systems Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Exel Systems Inc. leadership team
Management profileNumber of profiles
Profiles6 records
Exel Systems Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Exel Systems Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Exel Systems Inc.
What does Exel Systems Inc. do?
Exel Systems Inc. is an HVAC and energy recovery equipment distributor and manufacturer representative serving the institutional, commercial, and industrial marketplaces in Alberta and the Canadian Territories. The company represents more than 50 North American HVAC manufacturers and supplies custom heating, ventilation, air conditioning, and energy recovery products directly to building owners, consulting engineers, and contractors from offices in Edmonton and Calgary.
Is Exel Systems Inc. a public or private company?
Exel Systems Inc. is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Exel Systems Inc. founded?
Exel Systems Inc. was founded in 1993. It employs 11 to 50 people.
Where is Exel Systems Inc. based?
Exel Systems Inc. is headquartered in Edmonton, AB, Canada, in the North America region.
How does Exel Systems Inc. make money?
One revenue line is on record: HVAC Equipment Distribution.
Does Exel Systems Inc. have an API?
No public API is recorded for Exel Systems Inc..