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Announced

Parcom Capital to acquire Climate for Life from Gimv.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Specialty Contracting

Netherlands

Majority

Friendly

HVAC contractor

Pending

Private Equity

Acquisition

Single Bidder

Private

indoor climate solutions

Domestic

Synopsis

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Parcom Capital, a pan-European investment firm, agreed to acquire Climate for Life, a provider of healthy and energy efficient HVAC indoor climate solutions, from private equity firm Gimv. Financial terms were not disclosed. "With its differentiating and market leading product offering, Climate for Life actively contributes to making the Dutch housing market more sustainable. This market is moving and we strongly believe in the many growth opportunities ahead for Climate for Life. We are looking forward to actively support the dedicated management team in the continued realization of their ambitions," Willem-Jan Merckel, Parcom Partner.

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