Deal History
Acquirer: Waterhouse Electrical & Engineering Services
Chilled Heat, a Weston-super-Mare based provider of air conditioning, catering and refrigeration installation, servicing and repair, has been acquired by Waterhouse Electrical & Engineering Services, an investment-backed mechanical and electrical facilities maintenance firm supported by Canonbury Group. Summary of transaction details: Value: undisclosed Sector: Industrials & Energy Advisor: KBS Corporate Key Entities: Chilled Heat (target) and Waterhouse Electrical & Engineering Services (acquirer) Location: Weston-super-Mare, UK Note: The deal reflects Waterhouse’s strategy to broaden its service offering in the West Country and Canonbury Group’s growth backing, while allowing Chilled Heat’s founder to retire.
Acquirer: Waterhouse Electrical & Engineering Services
Waterhouse Electrical & Engineering Services has successfully acquired Chilled Heat, an HVAC specialist based in Weston-super-Mare. The transaction, advised by KBS Corporate, facilitates the retirement plans of Chilled Heat founder Richard Dibble and integrates its services into Waterhouse's Specialist Catering division.Summary of transaction details:Value: UndisclosedSector: Business Services (HVAC)Advisor: KBS CorporateKey Entities: Target: Chilled Heat; Acquirer: Waterhouse Electrical & Engineering Services; Acquirer Investor: Canonbury GroupLocation: Weston-super-Mare, UKNote: This acquisition strengthens Waterhouse's position in the West Country's mechanical and electrical facilities maintenance market, leveraging Chilled Heat's established expertise to expand its comprehensive service offering, supported by strategic equity investment from Canonbury Group.
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