Platform formation Jan 2021 Verified
Partners Group Forms PremiStar Platform via Reedy Industries Rebrand
Partners Group acquired Reedy Industries in 2021 at roughly $1 billion enterprise value and rebranded it as PremiStar, creating a commercial HVAC roll-up platform. The platform has since grown to 62 branches across 19 states with over 3,100 employees and $2.09 billion in total platform funding.
“Partners Group acquired Reedy Industries in 2021 at roughly a $1 billion enterprise value. The firm rebranded the platform PremiStar and handed CEO Joe Kirmser a mandate: consolidate fragmented commercial HVAC service providers across the country.”
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HVAC Sentiment: Positive
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