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Add-on acquisition · Closed Nov 2016

GDI / Ainsworth to acquire Airtron Canada from Direct Energy for ~$19.5 million

Relationship map

Relationship map for GDI / Ainsworth to acquire Airtron Canada from Direct Energy for ~$19.5 millionparent ofAinsworth Inc.: PlatformAinsworth Inc.Airtron Canada: Operating CompanyACAirtron Canada
Operating CompanyPlatform

Parties

Acquirer
Ainsworth Inc.
Platform
Target
Airtron Canada
Operating Company

Summary

GDI Integrated Facility Services and its subsidiary Ainsworth Inc. agreed to acquire Direct Energy Business Services Limited (dba Airtron Canada), a Canadian HVAC and building-automation provider, from Direct Energy Marketing Limited for approximately $19.5 million, strengthening GDI's Technical Services segment.

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