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New Deal


Announced

Enercare to acquire HydroSolution.

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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Domestic

Single Bidder

Household Equipment and Products

Pending

Canada

Majority

Friendly

Acquisition

Private

water heaters

Synopsis

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Enercare, a company specialized in water heater rental and installation, agreed to acquire HydroSolution, a company in offering a turnkey service for the rental, sale, installation, and maintenance of water heaters. Financial terms were not disclosed. “The satisfaction of our customers and the opportunities for our employees were at the heart of this decision. With Enercare, we have the means to achieve our ambitions and can now count on the know-how of a Canadian industry leader to accelerate our growth strategy in the market,” Nicolas Ayotte, HydroSolution President and CEO.

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