DiversiTech, Inc., a portfolio company of Partners Group, has acquired Island Leisure Products.
Kroll provided buy-side financial and tax due diligence in connection with the transaction.
About DiversiTech
DiversiTech is a market-leading manufacturer and supplier of parts and accessories for heating, ventilation, and air condition (HVAC) equipment. Founded in 1971, DiversiTech is North America’s largest manufacturer of equipment pads and a leading manufacturer and supplier of components and related products for multiple industries. The acquisition of Island Leisure Products strengthens DiversiTech’s product offering in the UK. The company was acquired in 2021 by Partners Group, a leading global private markets firm.
About Island Leisure Products
Island Leisure Products (ILP) manufactures rubber support system pads, safety tiles and bespoke mouldings used in various industries, including HVAC, solar and other markets. Based in Sittingbourne, United Kingdom, ILP has been at the forefront of developing support system solutions since it was founded in 1989.
About Partners Group
Partners Group is a leading global private markets firm. Since 1996, the firm has invested $200 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally. Partners Group is listed on the SIX Swiss exchange.
