Capstone Partners served as a financial advisor to DiversiTech Corporation, a portfolio company of The Jordan Company, in its sale to Permira, a UK-headquartered private equity firm.
DiversiTech is the leading manufacturer and distributor of HVACR equipment pads and offers an extensive, proprietary portfolio of condensate management equipment, HVACR maintenance chemicals and electrical accessories.
Permira, founded in 1985, is a global private equity firm that invests in several sectors including consumer, financial services, healthcare, industrials and technology, and has approximately $35 billion of committed capital.
This is the sixth transaction Capstone Partners has completed for DiversiTech.
