DiversiTech acquires Packard Inc.

HVACR component manufacturer Packard Inc., an ESOP-owned company, was acquired by DiversiTech Corp. Prairie Capital Advisors served as exclusive financial advisor to Packard; terms were undisclosed.

“OAKBROOK TERRACE, Ill. — Packard Inc. has been acquired by DiversiTech Corp. Prairie Capital Advisors Inc. acted as the exclusive financial advisor in this transaction to Packard and its shareholders and was led by Michael McGinley and Tim Witt of Prairie.”

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