Alceon completed the acquisition of a 49% stake in TVH for AUD45m.

Alceon, an alternative investment manager, completed the acquisition of a 49% stake in TVH, a provider of heating, ventilation and air conditioning, electrical, and fire maintenance services, for AUD45m. “We are excited to be partnering with TVH, a successful founder led company entering its next chapter of growth. This is a perfect fit with our core investment strategy of marrying flexible capital with best-in-class operators in market leading companies. Together we believe we can significantly grow and strengthen the TVH business," Rahil Gupta, Alceon Managing Director.