Permira funds sign definitive agreement to acquire DiversiTech

Global PE firm Permira announced a Permira-funds-backed company signed a definitive agreement to acquire HVACR aftermarket consolidator DiversiTech from an affiliate of The Jordan Company LP; CEO Jim Prescott and management retain significant ownership. Expected to close Q2 2017.

“Permira, the global private equity firm, announced that a company backed by the Permira funds has signed a definitive agreement to acquire DiversiTech, an aftermarket manufacturer and supplier of highly-engineered components for residential and light commercial heating, ventilating, air conditioning and refrigeration (“HVACR”), from an affiliate of The Jordan Company LP.”

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