Announced

Partners Group to acquire DiversiTech from Permira for $2.2bn.

Synopsis

Partners Group, a global private markets investment manager, agreed to acquire DiversiTech, a supplier of critical heating, ventilation, air conditioning, refrigeration parts, supplies and accessories, from Permira, a global private equity firm, for $2.2bn. “We are incredibly proud of and thankful for all that Andy and the nearly 1.25k strong DiversiTech employees have achieved, and I am excited that we will have the opportunity to continue to back them going forward. In its 50-year history, DiversiTech has never been stronger and better positioned to continue its track record of market leading growth, unrivalled customer experience and investment in people," John Coyle, Permira Partner.

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