Founded in 1971, DiversiTech is the largest consolidator of the HVACR aftermarket with the broadest product offering in the space, including a wide range of must-have mechanical, electrical, chemical and structural parts and accessories critical to HVACR and electrical technicians. With over 150 product categories, including a range of proprietary manufactured products, DiversiTech serves over 4,500 customers looking for a one-stop-shop solution to consolidate their purchasing and streamline supply channels.
Permira will draw on its significant global experience in backing value-added manufacturing and distribution companies to help DiversiTech expand its product offerings and geographical footprint, both organically and through acquisition opportunities.
“We are thrilled to partner with Permira as we continue to capitalize on our organic growth opportunities and significantly expand our business,” said
“DiversiTech has a well-earned reputation as the HVACR components leader, providing a critical role at the intersection of an industry that is marked by a highly diversified manufacturing base and technician end market. The company’s ability to offer the widest product offering of time sensitive components with the highest levels of customer service to wholesalers is unmatched,” said Permira Partner,
Prescott continued, “
The transaction is subject to customary regulatory approvals and closing conditions and is expected to close in the second quarter of 2017.
Founded in 1971, DiversiTech® Corporation is North America’s largest manufacturer of equipment pads and a leading manufacturer and supplier of components and related products for the heating, ventilating, air conditioning, and refrigeration (HVACR) industry. Headquartered in the
Permira is a global investment firm that finds and backs successful businesses with growth ambition. Founded in 1985, the firm advises funds with a total committed capital of approximately €32 billion (
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