Announced
Completed
Synopsis
Halifax Group, a middle-market private equity firm, completed the investment in Universal Air Conditioner, a designer and distributor of branded aftermarket HVAC equipment primarily. Financial terms were not disclosed. "We are excited to continue Halifax's legacy of investing in the automotive aftermarket sector by partnering with Francisco, Sophia, and the UAC management team. As the first institutional capital in the business, we look forward to working with management to build on an already impressive foundation that will support a much larger platform and position the Company to thrive in its next phase of growth," Jamie Cavanaugh, Halifax Principal.
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