Deal Details
Gil-Bar Receives Strategic Investment From ICG
Summary
Gil-Bar Industries (“Gil-Bar” or the "Company") has received a strategic investment from Intermediate Capital Group (“ICG”) and their North American Direct Private Equity team. Terms of the transaction were not disclosed.
Baird served as the exclusive financial advisor to Gil-Bar on this transaction.
About
Founded in 1986, Gil-Bar has become the largest and most comprehensive provider of HVAC solutions in New York, New Jersey, and Pennsylvania. Gil-Bar partners with building developers, architects, engineers and contractors to help design, install, problem-solve and service HVAC solutions for commercial, institutional, healthcare, life sciences and residential buildings. Gil-Bar has a team of more than 60 degreed sales engineers and works with over 40 equipment manufacturers. Gil-Bar delivers on more than 5,200 projects per year, with more than 85 percent of its business coming from repeat clients. The Company is headquartered in New York, New York.ICG provides capital to help companies grow. ICG is a global alternative asset manager with over 30 years’ history, managing $56.2bn of assets in private debt, credit, and equity, principally in closed-end funds. ICG develops long-term relationships with business partners to deliver value for shareholders, clients, and employees, and use their position of influence to benefit the environment and society. ICG operates across four strategic asset classes: corporate, capital market, real asset, and secondary investments. In addition to growing existing strategies, ICG innovates and pioneers new strategies where the market opportunity exists. ICG's North American Direct Private Equity team is headquartered in New York, New York.
CONTACT US TO LEARN MORE
- Date
- June 2021
- Company
- Gil-Bar Industries
- Transaction
- M&A - Sellside
- Sectors
- Technology & Services
- Verticals
-
Thermal Technologies
Facility, Industrial, Residential & Environmental Services
- Target Geography
- North America
Share
