The Jordan Company (Resolute Fund III) acquires HVACR maker DiversiTech as a platform

The Resolute Fund III, a PE fund managed by The Jordan Company, acquired HVACR products manufacturer/distributor DiversiTech in partnership with management, explicitly as a platform to pursue an aggressive acquisition and organic growth strategy.

“The Resolute Fund III L.P., a private equity fund managed by The Jordan Co., announced that it has acquired DiversiTech Corp. in partnership with the existing management team from the company’s shareholder group, led by longtime chairman, Charles Lipman.”

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