Nov 17, 2021ACQUISITIONUnited States Partners Group to acquire DiversiTech from Permira for $2.2 billion
Partners Group Holding AG agreed to acquire DiversiTech Corp., an HVAC and electrical parts manufacturer, from Permira for $2.2 billion including debt. The sale is expected to close in December, with management and Permira retaining a minority stake.
ProductsHVAC/R parts, supplies and accessories
“Buyout firm Partners Group Holding AG has agreed to acquire DiversiTech Corp. from private equity firm Permira in a deal that values the air conditioning and electrical parts manufacturer at $2.2 billion, including debt.”bloomberg.com
- 4 sources
- bloomberg.comPartners Group to Acquire HVAC Firm DiversiTech in $2.2 Billion Deal - BloombergKiel Porter, Kamaron LeachNov 17, 2021
- business.woonsocketcall.comPermira Agrees to Sell DiversiTech to Partners Group for $2.2 BillionPermiraNov 17, 2021
- caribbeannewsglobal.comPermira Agrees to Sell DiversiTech to Partners Group for $2.2 Billion - Caribbean News GlobalEditormaNov 17, 2021
- negocios.comPermira vende DiversiTech a Partners Group por casi 2.000 millones de eurosAgenciasNov 17, 2021
Summarized from public sources; check the original articles before acting on it.