Chilled Heat

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: Undisclosed
• Sector: Business Services (HVAC)
• Advisor: KBS Corporate
• Key Entities: Target: Chilled Heat; Acquirer: Waterhouse Electrical & Engineering Services; Acquirer Investor: Canonbury Group
• Location: Weston-super-Mare, UK

Note: 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.