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New Deal


Announced

Alpine Investors-backed Orion Group to aqcuire Air Comfort.

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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Majority

Friendly

Maintenance Repair and Overhaul (MRO)

Private

hvac solutions

Domestic

Pending

Acquisition

United States

Single Bidder

Private Equity

Synopsis

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Alpine Investors-backed Orion Group, a commercial facility services business, agreed to aqcuire Air Comfort, a commercial HVAC services company based in Chicago, Illinois. Financial terms were not disclosed. "The Smerz family built a company with a family-like culture that is known for its exceptional customer service and strong relationships with customers and employees alike. We couldn’t be more excited to partner with Tim, Mike and the entire Air Comfort team to continue building on their success of the last 86 years," Will Adams, Orion Co-CEO.

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