Add-on acquisition · Closed Nov 2016
GDI / Ainsworth to acquire Airtron Canada from Direct Energy for ~$19.5 million
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Parties
Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.
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.