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Majority stake Announced Nov 2016

GDI Integrated Facility Services / Ainsworth to acquire Airtron Canada from Direct Energy for ~$19.5M

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Relationship map for GDI Integrated Facility Services / Ainsworth to acquire Airtron Canada from Direct Energy for ~$19.5Mparent ofGDI Integrated Facility Services Inc.: PlatformGIGDI Integrated Facili…Airtron Heating & Air Conditioning: Operating CompanyAirtron Heating & Air…
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Deal value$19.5M reported total consideration · approximate

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 entered an agreement to acquire Airtron Canada (Direct Energy Business Services) from Direct Energy Marketing for approximately $19.5 million, expanding GDI's Technical Services segment to ~$225M proforma revenue.