M&A Deal Summary

CustomAir Acquires Power Plus

On December 2, 2024, CustomAir acquired business services company Power Plus

Acquisition Highlights
  • This is CustomAir’s 2nd transaction in the Business Services sector.
  • This is CustomAir’s 3rd transaction in Canada.
  • This is CustomAir’s 3rd transaction in British Columbia.

M&A Deal Summary
Date 2024-12-02
Target Power Plus
Sector Business Services
Buyer(s) CustomAir
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 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 STATS #
Overall 3 of 3
Sector (Business Services) 2 of 2
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 ICR

Kamloops, British Columbia, Canada

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

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