- Country: Australia
- Industry: Construction, Engineering, Architecture
- Stage: Exit/Sale of the business
- Years in operations: 40, Employees: 12
- Investment size: $1,000,000 / min. $1,000,000
- Type of investment: Debt
The firm designs, manufacturers and services a diverse range of HVAC equipment that it installs throughout the ACT and surrounds.
Established in 1974 and based at Queanbeyan, the firm designs, manufacturers and services a diverse range of HVAC equipment that it installs throughout the ACT and surrounds.
Works are carried out at a variety of locations including commercial and office buildings, schools, hospitals, universities, hotels, motels, restaurants and supermarkets.
General and specialized services offered include the installation and maintenance of HVAC systems, 24 hour breakdown service, chilled and heating water systems, VRV systems, control system design and installation, ductwork design, manufacture and installation, and pipework design and instillation.
With a reputation for expertise and experience, the firm has recently been hand picked to undertake specialized projects in Brisbane, Darwin, Christmas Island and Cocos Islands.
Since 2001, the current owner has enjoyed the success of the business, but is now looking to retire.
Rationale for the deal
The Vendor is looking to exit the business as a retirement strategy.
Use of financing
Looking for similar investment opportunities