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New Deal


Announced

Alpine Investors-backed Orion Group to acquire Marick.

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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United States

Pending

Friendly

Acquisition

Private

commercial refrigeration

Consumer Services: Other

Domestic

Majority

Single Bidder

Private Equity

Synopsis

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Alpine Investors-backed Orion Group, a commercial facility services company, agreed to acquire Marick, a commercial refrigeration and HVAC service company. Financial terms were not disclosed. "Our partnership with Orion will allow Marick to invest meaningfully in recruiting, training and developing the best people in the industry. We’ll look to continue to grow our footprint in Iowa, Nebraska and Kansas and also consider opportunities for further geographic expansion to better serve our customers. Orion’s people-driven focus fits our culture perfectly. We’re proud to announce this partnership and our enthusiasm for the opportunities it will provide to our employees and customers," Mark Thornton, Marick President.

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