Add-on acquisition Aug 2016 · Buffalo, New York / Montreal, Quebec
PE-backed Specified Air Solutions (The Sterling Group) acquires Dectron
Specified Air Solutions, a portfolio company of Houston PE firm The Sterling Group (which acquired the former Roberts Gordon LLC in July 2014), completed the acquisition of Montreal-based dehumidification/IAQ HVAC manufacturer Dectron, an add-on consistent with Sterling's HVAC buy-and-build plan.
“Specified Air Solutions, formerly Roberts Gordon LLC, was acquired by The Sterling Group, a middle market private equity firm based in Houston, Texas, in July 2014. The acquisition of Dectron is consistent with The Sterling Group’s plans for additional investment in complementary HVAC products and companies.”
Entities
Dectron Inc. · Target Specified Air Solutions · Acquirer The Sterling Group · Sponsor
HVAC
Source: www.achrnews.com
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