Announced
Financials
Tags
Household Appliance
Acquisition
Majority
United States
Cross Border
Private
HVAC contractor
Pending
Friendly
Single Bidder
Synopsis
Partners Group, a global private markets firm, agreed to acquire Reedy Industries, a provider of commercial HVAC services. Financial terms were not disclosed. "Reedy is a well-established company in an attractive industry, supported by a talented management team who are uniquely positioned to capitalize on multiple tailwinds supporting sector growth. The Company has a tried and tested blueprint for expanding into new geographies by acquiring successful, reputable businesses. We are excited to bring our network, transformational investment strategy, and platform building expertise into partnership with Joe and his team," Andrew Oliver, Partners Group Managing Director of Private Equity Goods & Products.
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