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New Deal


Announced

Partners Group to acquire Reedy Industries.

Financials

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

Tags

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Household Appliance

Acquisition

Majority

United States

Cross Border

Private

HVAC contractor

Pending

Friendly

Single Bidder

Synopsis

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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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