KRG-backed Convergint Technologies snaps up TACanada
Convergint Technologies LLC, a portfolio company of U.S. private equity firm KRG Capital Partners, has acquired Thermo Automation Canada (TACanada), a producer of systems that integrate heating, cooling, access control, ventilation, security and lighting in buildings. No financial terms were released. Convergint said the acquisition of Mississauga, Ontario-based TACanada strengthens its presence in the region and gives it access to several key vertical markets. The deal follows the company's buy of Canada's H&E Comfort Controls Ltd in April.
6 July 2016•2 mins read
