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Deal announced Nov 2016 · Canada Verified

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

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.

“GDI Integrated Facility Services Inc. announced that it and its wholly-owned subsidiary Ainsworth Inc. have entered into an agreement to acquire Direct Energy Business Services Limited, doing business as Airtron Canada, a subsidiary of Direct Energy Marketing Limited.”

Entities

Airtron Heating & Air Conditioning · Target Direct Energy (Centrica) · Parent Ainsworth Inc. · Acquirer GDI Integrated Facility Services Inc. · Acquirer
Home performanceHVAC
Source: www.achrnews.com

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