News

Permira Funds Complete Acquisition of DiversiTech

2nd June 2017

Permira, the global private equity firm, announced today that a company backed by the Permira funds has successfully completed the acquisition of DiversiTech, a leading aftermarket manufacturer and supplier of highly-engineered components for residential and light commercial heating, ventilating, air conditioning and refrigeration.

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.

DiversiTech’s senior management team, led by Jim Prescott, President & CEO, will remain significant owners of the company.

Click the PDF icon to download the full release.

Media contacts

Brooke Gordon Sard Verbinnen & Co +1 212 687 8080