# 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.

- Type: Acquisition
- Announced: 2023-07-19
- Where: Winnipeg, Manitoba, Canada
- Value: $15.5M
- Status: completed
- Products: heating mats, lighting solutions for hog production
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Decisive Dividend Corporation](https://endata.com/companies/47875.md) (acquirer)
- [Innovative Heating Technologies](https://endata.com/companies/71529.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/decisive-dividend-corporation-announces-acquisition-of-innovative-heating-technologies-inc-and-concurrent-increase-to-its-credit-facilities-883356616.html), 2023-07-19: "With this announcement, in the last 15 months Decisive has acquired six businesses, added over $17 million of Adjusted EBITDA to our portfolio..."

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