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  6. Cahill Services Acquires JetHeat

M&A Deal Summary

Cahill Services Acquires JetHeat

On January 11, 2017, Cahill Services acquired electrical equipment company JetHeat

Acquisition Highlights
  • This is Cahill Services’ 1st transaction in the Electrical Equipment sector.
  • This is Cahill Services’ 1st transaction in the United States.
  • This is Cahill Services’ 1st transaction in Michigan.

M&A Deal Summary
Date 2017-01-11
Target JetHeat
Sector Electrical Equipment
Buyer(s) Cahill Services
Deal Type Add-on Acquisition

Target

JetHeat

Livonia, Michigan, United States
JetHeat LLC is a specialty flameless heating product. JetHeat developed a unique heating technology of a micro turbine heating solution which delivers high levels of heat and airflow with substantial energy efficiency. The diesel-powered product is fully self-contained and portable, and does not require any electrical power.

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Buyer(S) 1

Buyer

Cahill Services

Houston, Texas, United States
Category Company
Sector Energy Services and Equipment
DESCRIPTION

Cahill Services is a provider of specialty rental services to customers in the oil & gas, refining, industrial, petrochemicals, utilities and related industries where a high level of technical knowledge of the business and customer needs is required. Cahill Services is based in Houston, Texas.

DEAL STATS #
Overall 2 of 2
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-06 Drive Rental

Red Deer, Alberta, Canada

Drive Rental Corp. is a specialty flameless heating rental business with operations in Canada and the U.S.

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