# Advent International acquires Heaten from investor group

AI Alpine, controlled by Advent International, has acquired Heaten, a provider of very-high-temperature-heat-pump solutions, from Azolla Ventures, Nysnø Climate Investments, Shell Ventures, and Valinor. The acquisition aims to accelerate rollout of Heaten's HeatBooster technology.

- Type: Acquisition
- Announced: 2024-10-03
- Status: completed
- Products: very-high-temperature heat pumps, HeatBooster technology
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Advent International](https://endata.com/companies/430.md) (acquirer)
- [Shell Ventures](https://endata.com/companies/43534.md) (investor)
- [Heaten](https://endata.com/companies/80220.md) (target)
- [Azolla Ventures](https://endata.com/companies/80221.md) (investor)
- [Nysnø Climate Investments](https://endata.com/companies/80222.md) (investor)
- [Valinor](https://endata.com/companies/80223.md) (investor)

## Sources

- [heaten.com](https://heaten.com/news/strategic_partnership_advent_international), 2024-10-03: "AI Alpine (Luxembourg) S.à r.l., controlled by funds managed by Advent International, announced that it has acquired Heaten, a leading provider of very-high-temperature-heat-pump solutions."

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