Rheem Manufacturing Company
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Rheem Manufacturing Company is a provider of heating, cooling, and water heating solutions. Rheem operates across multiple segments, including air conditioning, heating, water heating, and renewable energy systems. The company offers a diverse range of products tailored to meet the unique needs of customers in various sectors. Rheem's solutions are designed to provide reliable performance, advanced technology, and sustainable solutions that contribute to environmental conservation. The company's engineering expertise enables them to deliver cutting-edge products that optimize energy consumption, reduce emissions, and deliver superior comfort and convenience. Product Breakdown: Air Conditioning: Rheem offers a comprehensive range of air conditioning systems for residential, commercial, and industrial applications. These include central air conditioning units, ductless mini-split systems, rooftop units, and packaged air conditioners. Rheem's air conditioning solutions prioritize energy efficiency, quiet operation, and precise temperature control. Heating: Rheem provides various heating solutions, including furnaces, heat pumps, and ductless heating systems. Their heating products are designed to deliver efficient and reliable performance, offering options for both residential and commercial use. Rheem's heating systems prioritize energy savings, durability, and ease of installation. Water Heating: Rheem is renowned for its extensive range of water heating solutions, catering to residential, commercial, and industrial needs. They offer traditional tank-type water heaters, tankless water heaters, heat pump water heaters, and solar water heating systems. Rheem's water heaters are known for their energy efficiency, quick recovery times, and advanced features like Wi-Fi connectivity and smart controls. Renewable Energy Systems: Recognizing the importance of sustainable energy solutions, Rheem offers a range of renewable energy systems. This includes solar water heating systems and hybrid heat pump water heaters that harness renewable energy sources to reduce reliance on traditional power grids. Rheem's renewable energy systems provide eco-friendly alternatives that help customers lower their carbon footprint. Accessories and Support: Rheem also provides a variety of accessories and support services to complement their core product offerings. These include air filters, thermostats, zoning systems, ventilation equipment, and water treatment solutions. Additionally, Rheem offers technical support, warranties, and training programs to assist customers and ensure optimal product performance.
Keywords
Keywords
Classified
Private