Decisive Dividend completed the acquisition of Innovative Heating Technologies for $15.5m.

Decisive Dividend, an acquisition-oriented company, focused on opportunities in manufacturing, completed the acquisition of Innovative Heating Technologies, a manufacturer and developer of high efficiency heating mats and lighting solutions for hog production, for $15.5m. "With this announcement, in the last 15 months Decisive has acquired six businesses, added over $17 million of Adjusted EBITDA to our portfolio, representing an increase in Adjusted EBITDA per Common Share of 84% on a pro forma basis, all while also increasing our monthly dividend three times during that same period, demonstrating how accretive our acquisition-focused growth and yield strategy is for our shareholders. As we look into the future, we continue to see significant opportunities to continue this trajectory, supporting value creation for all of our stakeholders," Jeff Schellenberg, Decisive Dividend CEO.