Investment in Aspen Pumps
Baird served as the exclusive financial advisor to 3i Group on this transaction.
About3i Group Plc (“3i”) (LSE: III) recently invested in Aspen Pumps (“Aspen” or the “Company”) in a £105 million transaction, as part of which Inflexion Private Equity exited its investment in Aspen.
Aspen designs, manufactures and distributes specialised mini pumps which remove condensate water from air conditioning and refrigeration systems. In addition to pumps, the Company sells a range of products for air conditioning installers and engineers, including its range of accessories, Aspen Xtra, and rooftop mounting systems, Big Foot. Aspen has a strong international presence, with its products distributed to over 100 countries. The Company is headquartered in Hailsham, Sussex, United Kingdom.
3i is a leading international investment manager focused on mid-market private equity, infrastructure and debt management across Europe, Asia and North America. It has approximately £13 billion of funds under management, of which over £4bn has been invested through its private equity business. 3i is a FTSE 100 company and is headquartered in London, United Kingdom.
For additional information about this transaction, please contact:
- February 2015
- 3i Group plc
- Target Location
- Acquiror Location