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Expansion Nov 2017 · USA

Seeley International targets U.S. growth toward $1 billion

Seeley framed the ICI acquisition as part of a serial U.S. expansion strategy, citing its goal to become a $1 billion company and prior acquisitions of Coolerado (2015) and AIRA (2016).

“Seeley International’s acquisition of ICI complements its purchase of Denver-based Coolerado Corp. in 2015 and more recently its acquisition of the Australian-based AIRA business in 2016.”

Entities

Coolerado Corp. · Mentioned Seeley International · Acquirer
HVAC Sentiment: Positive

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.