# 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.

- Type: Acquisition
- Announced: 2021-11-17
- Where: United States
- Value: $2.20B
- Status: announced
- Products: HVAC/R parts, supplies and accessories
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Permira](https://endata.com/companies/1299.md) (partner)
- [DiversiTech](https://endata.com/companies/1300.md) (target)
- [Partners Group](https://endata.com/companies/3553.md) (acquirer)

## Sources

- [bloomberg.com](https://www.bloomberg.com/news/articles/2021-11-17/partners-group-to-buy-hvac-firm-diversitech-in-2-2-billion-deal), 2021-11-17: "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."
- [business.woonsocketcall.com](https://business.woonsocketcall.com/observerreporter/article/bizwire-2021-11-17-permira-agrees-to-sell-diversitech-to-partners-group-for-22-billion), 2021-11-17: "Permira, the global private equity firm, today announced that the Permira funds have agreed to sell DiversiTech... to Partners Group... for an enterprise value of $2.2 billion."
- [caribbeannewsglobal.com](https://caribbeannewsglobal.com/permira-agrees-to-sell-diversitech-to-partners-group-for-2-2-billion/), 2021-11-17: "Permira has been a fantastic partner, bringing both depth of experience and business insight to the management team"
- [negocios.com](https://www.negocios.com/actualidad/permira-vende-diversitech-a-partners-group-por-casi-2-000-millones-de-euros/20211117162857419768.html), 2021-11-17: "Permira ha vendido DiversiTech, fabricante y distribuidor del mercado de repuestos de componentes para calefacción, ventilación y aire acondicionado, a Partners Group por 2.200 millones de dólares."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.