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Announced

Completed

Hometree completed the acquisition of IMS Heat Pumps.

Synopsis

Hometree, a provider of a range of combination, system, and conventional boilers, as well as offers heating control, completed the acquisition of IMS Heat Pumps, a specialist in installing ground source heat pumps and air source heat pumps. Financial terms were not disclosed. “We’ve been installing heat pumps for over 25 years and we’ve watched the renewable home energy industry grow and grow in that time. By partnering with Hometree, we can bring our specialist expertise to many more homeowners and look forward to working closely with the Hometree team to drive uptake of sustainable heating solutions across the country,” Emma Bohan, IMS Heat Pumps Managing Director.

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