hvacrollups.com
← All signals
Deal announced Aug 2015 · Canada Verified

GDI Integrated Facility Services to acquire Ainsworth for ~$20.5M

GDI Integrated Facility Services agreed to acquire Ainsworth Inc., a Canadian mechanical maintenance, HVACR and electrical services provider that is a subsidiary of CEDA International Corp., for approximately $20.5 million on a cash-free, debt-free basis.

“GDI Integrated Facility Services Inc. announced that it has entered into an agreement to acquire Ainsworth Inc., a subsidiary of CEDA International Corp.”

Entities

Ainsworth Inc. · Target CEDA International Corp. · Parent GDI Integrated Facility Services Inc. · Acquirer
ElectricalHVACOtherRefrigeration
Source: www.achrnews.com

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.