Add-on Acquisition • Consumer Services

CustomAir Acquires ICR

On December 2, 2024, CustomAir acquired consumer services company ICR

Acquisition Context

This is CustomAir’s 1st transaction in the Consumer Services sector.
This is CustomAir’s 3rd transaction in Canada.
This is CustomAir’s 3rd transaction in British Columbia.

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M&A Deal Summary
Date	December 2, 2024
Target	ICR
Sector	Consumer Services
Buyer(s)	CustomAir
Deal Type	Add-on Acquisition

Target Company

ICR

Kamloops, British Columbia, Canada

ICR is a provider of HVAC services, based in Kamloops, British Columbia.

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Buyer Overview 1

Buyer

CustomAir

Port Coquitlam, British Columbia, Canada

Category	Company
Founded	1991
Sector	Business Services

DESCRIPTION

CustomAir is a mechanical service provider that offers repair, planned maintenance, and installation services for a variety of equipment including heating, ventilation, air conditioning, refrigeration, plumbing, and boilers. CustomAir was founded in 1991 and is based in Port Coquitlam, British Columbia.

Deal Context for Buyer	#
Overall	3 of 3
Sector: Consumer Services	1 of 1
Type: Add-on Acquisition	3 of 3
State: British Columbia	3 of 3
Country: Canada	3 of 3
Year: 2024	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2024-12-02	Power Plus Maple Ridge, British Columbia, Canada Power Plus is an electrical contractor that provides both “A” and “B” regulated electrical services. Power Plus was founded in 2002 and is based in Maple Ridge, British Columbia.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2024-12-02

Power Plus

Maple Ridge, British Columbia, Canada

Power Plus is an electrical contractor that provides both “A” and “B” regulated electrical services. Power Plus was founded in 2002 and is based in Maple Ridge, British Columbia.

Buy

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