Announced
Financials
Sources
Tags
precision cooling
air handling products
Private
Single Bidder
Building: Climate Control
Majority
Acquisition
United States
Private Equity
Friendly
commercial HVAC
Cross Border
Pending
Synopsis
Ardian, a private investment house, agreed to invest in Tom Barrow Company, a provider of commercial HVAC solutions in the US Southeast. Financial terms were not disclosed. "The commercial HVAC industry benefits from particularly strong secular tailwinds. Building owners and tenants are increasingly focused on both indoor air quality and energy efficient buildings. Healthcare facilities, Life sciences labs, EV and battery plants, solar panel plants, and data centers are also all HVAC-intensive, increasing the need for clean room levels of purity, specialized cooling, or both. We believe Tom Barrow is well positioned to capture significant share in this attractive market," Kevin Kruse, Ardian Managing Director.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.