Alinda puts Canada's Reliance Comfort on the block: Reuters
U.S. private investment firm Alinda Capital Partners is seeking buyers for Reliance Comfort LP, a Canadian provider of heating and cooling systems, in a deal that could value the company at $3 billion to $4 billion, sources told Reuters. Alinda has hired Canadian Imperial Bank of Commerce and Goldman Sachs as financial advisers for the sale, the sources said. The sale is seen attracting interest from Canadian pension funds and U.S. private equity firms, added the sources, who declined to be identified as the process is confidential.



