The Jordan Company
VerifiedPe Firm
Acquired majority of Heartland Home Services Dec 2020 (Resolute Fund IV), from North Branch Capital.
Ownership
- Heartland Home Services backed by The Jordan Company Verified
Deals
Related news
- coolingpost.com· Nov 19, 2021
Partners Group, a Swiss-based global private equity firm, has acquired US HVAC parts manufacturer and supplier DiversiTech in a $2.2bn deal. The acquisition will leave the British global investment firm Permira and current management as minority investors. The article does not mention The Jordan Company.
- prnewswire.com· Dec 15, 2020
The Jordan Company, L.P. announced that an affiliate of The Resolute Fund IV, L.P. has acquired Heartland Home Services from North Branch Capital, LLC. The acquisition was completed in partnership with Heartland's existing management team and Cobepa, which made a significant minority investment. North Branch will remain a minority investor. Heartland is a technology-enabled provider of residential HVAC, plumbing, electrical and indoor air quality services in the Midwestern United States.
- hpacmag.com· Jun 1, 2017
The article reports that private equity firm Permira has closed its acquisition of DiversiTech, a manufacturer and supplier to the HVAC/R and other industries. President and CEO Jim Prescott and the senior management team will remain significant owners. The deal closed on June 1, 2017, and Permira plans to help DiversiTech expand its product offerings and geographic footprint.
- pehub.com
The article reports that The Jordan Company (TJC) is selling DiversiTech to Permira. The article is behind a paywall and provides no additional details beyond the headline.