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Deal closed Jul 2023 · Atlanta, Georgia Verified

Ardian Acquires Majority Stake in Tom Barrow Co.

Private investment firm Ardian has completed the acquisition of a majority stake in Tom Barrow Co., a commercial HVAC supplier and manufacturer's rep. The deal was supported by a term loan from Platinum Equity.

“Private equity firm Platinum Equity has provided an unsecured term loan to the Tom Barrow Co. in connection with private investment firm Ardian's recent acquisition of a majority stake in the business.”

Entities

Ardian · Acquirer Platinum Equity · Lender Tom Barrow Co. · Target
HVAC Sentiment: Neutral
Source: www.achrnews.com

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