Chilled Heat

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.