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Majority stake · Closed Jun 2010

McQuay International (Daikin Group) acquires HydroKool from Comfort Systems USA division

Relationship map

Relationship map for McQuay International (Daikin Group) acquires HydroKool from Comfort Systems USA divisionparent ofDaikin Industries Ltd.: PlatformDaikin Industries Ltd.HydroKool LLC: Operating CompanyHLHydroKool LLC
Operating CompanyPlatform

Parties

Acquirer
Daikin Industries Ltd.
Platform
Target
HydroKool LLC
Operating Company

Market signals

Summary

McQuay International, a member of the Daikin Group, acquired custom HVAC manufacturer HydroKool LLC. HydroKool had been owned by Tri-City Mechanical, a division of Comfort Systems USA, making this both an acquisition and a divestiture/carve-out from Comfort Systems USA. Terms undisclosed.