MacKinnon Bennett and Idealist Capital completed the acquisition of a minority stake in XNRGY Climate Systems.

Private equity firms MacKinnon Bennett and Idealist Capital completed the acquisition of a minority stake in XNRGY Climate Systems, a manufacturer of commercial HVAC systems. "XNRGY is at the forefront of climate technology and this latest substantial investment by prominent institutional investors backed by leading Canadian sovereign and financial institutions, is a testament to how XNRGY will continue to deliver on our client's net zero and energy savings goals. We're pleased to work closely together with investors MKB and Idealist Capital on this exciting road ahead," Wais Jalali, XNRGY Founder, Chairman and CEO.