United States. Permira, the global private equity firm, announced that a company backed by Permira funds has successfully completed the acquisition of DiversiTech, a manufacturer and supplier of high-tech components for residential and commercial heating, ventilation, air conditioning and refrigeration.
Permira will draw on its significant global expertise in supporting value-added manufacturing and distribution companies to help DiversiTech expand its product offering and geographic footprint, both organically and through acquisition opportunities.
The company announced that DiversiTech's management team, led by Jim Prescott, President and CEO, will remain a major owner of the company.
