Transaktionen anzeigen
Construction & Engineering Services

Ironwood Partners has sold Stevens Equipment Supply to Daikin Industries

Ironwood Management Partners Fund II, LP (Ironwood Partners, LLC) has sold Stevens Equipment Supply, LLC to Daikin Industries, Ltd.

Established in 1960 and based in Eagan, Minnesota, Stevens is a leading independent wholesale distributor of HVAC and foodservice equipment, parts and accessories. Stevens is an authorized distributor for a portfolio of industry-leading HVAC manufacturers including Daikin, Goodman and Amana, and foodservice manufacturers such as Manitowoc and Kelvinator.

Daikin, with revenues of US$24 billion, is the world’s largest manufacturer of heating, cooling and refrigerant products. The company was founded in 1924 and is headquartered in Osaka, Japan.

Ironwood Partners is a middle-market private equity firm based in New York, primarily investing in the manufacturing and distribution sectors.

One of Oaklins’ teams in the USA served as the exclusive financial advisor to the seller in this transaction.

Art der transaktion
Unternehmensverkauf
BETEILIGTE PARTEIEN
“This is the second successful portfolio company exit on which the team has advised us in the past three years. Their industry knowledge and deal expertise were evident throughout. What really made the team instrumental in closing with a large multinational buyer during the COVID-19 pandemic was their sensitivity to the many nuances of each party’s requirements and aspirations. This was one of the more complicated but ultimately satisfying transactions I have been a part of. The team executed it with thoughtful strategy, teamwork and poise. Each member of the team was exceptional. They worked together to drive the deal forward to completion, and there was always clear communication and consistent messaging to all parties. I highly recommend them to anyone considering selling a business, and look forward to working with them again in the future.”

James K. Kelliher

Partner, Ironwood Partners, LLC

Sprechen Sie mit dem Deal-Team

 Steven J. Hunter

Steven J. Hunter

Managing Director

Atlanta, Vereinigte Staaten
Oaklins TM Capital
 James S. Grien

James S. Grien

Managing Director

Atlanta, Vereinigte Staaten
Oaklins TM Capital
 Andy  Krna

Andy Krna

Managing Director

New York, Vereinigte Staaten
Oaklins TM Capital
 Tabb  Neblett

Tabb Neblett

Associate Director

Atlanta, Vereinigte Staaten
Oaklins TM Capital
 Patrick F. Pontani

Patrick F. Pontani

Analyst

Atlanta, Vereinigte Staaten
Oaklins TM Capital

Transaktionen

K & R Eilers GmbH has been acquired by Groupe Circet S.A./Advent International
Construction & Engineering Services | TMT

K & R Eilers GmbH has been acquired by Groupe Circet S.A./Advent International

The private shareholder of K & R Eilers GmbH has sold the company to Groupe Circet S.A., backed by Advent International. The seller will continue to manage the company and reinvest in the new parent company. This transaction will provide K & R Eilers better access to financing and to enable faster growth and more market opportunities.

Mehr erfahren
Axdis Pro has acquired Splitmania
Construction & Engineering Services | Andere Branchen

Axdis Pro has acquired Splitmania

The founders of Splitmania have sold the company to Axdis Pro.

Mehr erfahren
OKNygaard has been acquired by idverde
Business Support Services | Construction & Engineering Services

OKNygaard has been acquired by idverde

The shareholders of OKNygaard have sold the company to idverde.

Mehr erfahren