CAI Capital invests in growth of Custom Air Conditioning

Canadian private equity firm CAI Capital Partners has invested in Custom Air Conditioning Ltd, a Port Coquitlam, British Columbia-based mechanical services provider. No financial terms were disclosed for the deal. It will see Peter Harteveld, CustomAir’s co-founder and CEO, retain an equity interest and continue to lead the business. Custom Air provides repair, maintenance and installation services for a range of equipment, including heating, ventilation, air conditioning, refrigeration, plumbing and boilers, to industrial, commercial and multi-family residential customers. Its strategy is to become the leading mechanical services provider in Western Canada, Custom Air and CAI said.

1 August 2018•3 mins read
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