M&A Deal Summary

Bermuda Air Conditioning Acquires Universal Electric

On January 1, 2015, Bermuda Air Conditioning acquired electrical equipment company Universal Electric

Acquisition Highlights
  • This is Bermuda Air Conditioning’s 1st transaction in the Electrical Equipment sector.
  • This is Bermuda Air Conditioning’s 1st transaction in Bermuda.

M&A Deal Summary

Date 2015-01-01
Target Universal Electric
Sector Electrical Equipment
Buyer(s) Bermuda Air Conditioning
Deal Type Add-on Acquisition
Advisor(s) Wakefield Quin (Legal)

Target

Universal Electric

Bermuda
Universal Electric Ltd. is an electrical retail, contracting, fire alarm and maintenance services in Bermuda.

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Buyer(S) 1

Buyer

Bermuda Air Conditioning

Hamilton, Bermuda

Category Company
Sector Building Materials
DESCRIPTION

Bermuda Air Conditioning Ltd. is a designer and construction of indoor environments, offering a full line of products and services that cater to any size commercial or residential project.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Bermuda M&A 1 of 1
Year: 2015 M&A 1 of 1