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New Deal


Announced

Completed

Aggreko completed the acquisition of Resolute Industrial from AE Industrial Partners for $440m.

Financials

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Transaction Value£364m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales3x
EV/EBITDA8.3x
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Majority

Electronic Equipment: Control and Filter

compressor remanufacturing

air conditioning services

rental services

holding company

United States

Single Bidder

Private

Friendly

Acquisition

Private Equity

Completed

Synopsis

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Aggreko, a global supplier of mobile and modular power, temperature control equipment and energy services, completed the acquisition of Resolute Industrial, a provider of specialised heating, ventilation and cooling solutions in North America, from AE Industrial Partners, a private equity firm, for $440m. "We are delighted to announce the acquisition of Resolute Industrial, a high-quality business specialising in HVAC solutions in North America, a key target market, and are excited by the additional growth opportunities that the acquisition brings to the group," Mike Smith, Aggreko Chairman.

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