Building Products, Global, Industrials | Mergers & Acquisitions, Sponsor Related

DiversiTech Acquired by Permira

  • TM Capital served as a financial advisor to DiversiTech Corporation, a portfolio company of The Jordan Company, in its sale to Permira, a UK-headquartered¬†private equity firm
  • DiversiTech is the leading manufacturer and distributor of HVACR equipment pads and offers an extensive, proprietary portfolio of condensate management equipment, HVACR maintenance chemicals and electrical accessories
  • Permira, founded in 1985, is a global private equity firm that invests in several sectors including consumer, financial services, healthcare, industrials and technology, and has approximately $35 billion of committed capital
  • This is the sixth transaction TM Capital has completed for DiversiTech