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Merger

Caverion merger

Parties

Target
Caverion
Platform

Market signals

EBITDA multiple7.8× reported

Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.

Summary

Triton has a long and successful track record of investing in technical installation and services companies and sees Caverion as a platform that is well placed to capitalise on the key megatrends in the sector such as energy transition, smart buildings, urbanisation, and an ageing building stock driving increase in renovation.