Deal announced Mar 2026 · Vacaville, California Verified
Bain Capital Takes Majority Stake in Duravent Group
Bain Capital Private Equity has taken a majority stake in Duravent Group, a North American venting solutions manufacturer. The deal was announced on March 17, 2026, and values Duravent at over $1.5 billion. Existing investors Gryphon Investors and Centre Lane Partners are exiting their positions.
“Bain Capital Private Equity has taken a majority stake in Duravent Group, the Vacaville, California-based manufacturer that's become North America's largest provider of venting solutions and air quality products. The deal, announced March 17, marks one of the most significant HVAC sector transactions this year and signals continued private equity appetite for scaled industrial platforms in fragmented markets.”
Entities
Gryphon Investors · Sponsor Bain Capital Private Equity · Acquirer Centre Lane Partners · Sponsor Duravent Group · Target
HVAC Sentiment: Positive
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