Decisive Dividend acquires Innovative Heating Technologies for $15.5M

Decisive Dividend Corporation acquired Innovative Heating Technologies Inc. (IHT), a manufacturer of heating mats and lighting solutions for hog production, for $15.5 million. The acquisition was funded through an expanded credit facility.

“With this announcement, in the last 15 months Decisive has acquired six businesses, added over $17 million of Adjusted EBITDA to our portfolio...”newswire.ca

• 1 source
• newswire.caDecisive Dividend Corporation Announces Acquisition of Innovative Heating Technologies Inc. and Concurrent Increase to its Credit FacilitiesDecisive Dividend CorporationJul 19, 2023

Summarized from public sources; check the original articles before acting on it.