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Majority stake · Closed Dec 2015

Rheem acquires Eemax from The Riverside Co.

Relationship map

Relationship map for Rheem acquires Eemax from The Riverside Co.backsparent ofThe Riverside Company: Pe FirmThe Riverside CompanyRheem: PlatformRheemEemax Inc.: Operating CompanyEemax Inc.
Operating CompanyPe FirmPlatform

Parties

Acquirer
Rheem
Platform
Target
Eemax Inc.
Operating Company
Sponsor
The Riverside Company
Pe Firm

Market signals

Summary

Rheem announced it acquired Waterbury, Conn.-based Eemax, a leading electric tankless water-heater maker, from private-equity firm The Riverside Co. Eemax becomes a wholly owned subsidiary in Rheem's Water Heating Division.

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