Partners Group
VerifiedPe Firm
Acquired PremiStar (formerly Reedy Industries) July 2021 (~$1B EV); Audax retained minority.
Headquarters: CH (outside the US map).
Ownership map
Ownership links are documented, evidence-gated edges, shown as reported by their sources. Naming a company is not an accusation against it. See our methodology and legal notes.
Ownership
Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.
- Partners Group parent of Reedy Industries (deal) reported
- PremiStar backed by Partners Group Verified
- Armacell backed by Partners Group reported
- Reedy Industries backed by Partners Group reported
- DiversiTech backed by Partners Group reported
Ownership
Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.
- Partners Group parent of Reedy Industries (deal) reported
- PremiStar backed by Partners Group Verified
- Armacell backed by Partners Group reported
- Reedy Industries backed by Partners Group reported
- DiversiTech backed by Partners Group reported
Market signals
Market signals
Acquisition history
Deals
Related news
- partnersgroup.com· Nov 17, 2021
Partners Group has agreed to acquire DiversiTech, a leading US manufacturer and supplier of HVAC parts and accessories, from Permira at an enterprise value of USD 2.2 billion. Permira and management will retain minority stakes. Partners Group plans to support growth through new product development, M&A, and expanded manufacturing.
- businesswire.com· Jul 27, 2021
Audax Private Equity announced it has signed a definitive agreement to sell Reedy Industries, a commercial HVAC and building controls provider, to Partners Group. Audax will continue as an investor and remain on the board. Terms were not disclosed.
- audaxprivateequity.com· Jul 1, 2021
Audax Private Equity announced it has signed a definitive agreement to sell Reedy Industries, a commercial HVAC provider, to Partners Group. Audax will retain an investment and remain on the board. Terms were not disclosed. Since Audax's 2019 investment, Reedy grew through add-on acquisitions and geographic expansion.
- premistar.com
Reedy Industries, a portfolio company of Partners Group, has acquired CS3, a Tennessee-based provider of building automation, mechanical services, and HVAC solutions. The article states that CS3 is the fifteenth acquisition for Reedy Industries since 2019 and that John Jerkins will remain as president. The acquisition is part of Reedy's strategy to expand in the Southeast through add-on acquisitions.