Project Peak

Business Overview
A long-established, engineering-focused distributor in the HVAC sector serving the growing demand for energy-efficient heating, cooling, and snow-melt systems across Ontario. Operating for more than three decades, the business has earned a strong reputation among engineers and contractors by providing high-quality, turnkey hydronic solutions. Positioned in a resilient and expanding industry supported by population growth and decarbonization initiatives, this platform offers both stability and significant growth potential.

Track Record
Operating History: Over 30 years of uninterrupted operations, maintaining a strong reputation and trusted relationships with suppliers and clients.
Customer Base: Serves hundreds of repeat customers across residential, commercial, and institutional sectors, with no single client representing a material concentration.
Scale: Generates multi-million-dollar annual revenues with steady year-over-year growth, supported by recurring project work and a robust order backlog.
Profitability: Historically profitable with consistent cash generation and low capital intensity.
Leadership Alignment: Management is reinvesting personally into the transaction, ensuring long-term alignment with investors.

Growth Strategy
Modernization: Implementing a modern cloud-based ERP and CRM platform to streamline project management, procurement, and sales operations.
Geographic Expansion: Executing a land-and-expand model by pursuing large projects in new regions such as Ottawa, Calgary, and Vancouver, while reinforcing its position in the Greater Toronto Area.
Product Diversification: Broadening the offering with complementary hydronic products and installation services to deepen customer relationships.
Digital Presence: Revitalizing the company's online and professional footprint to strengthen brand visibility and capture more inbound opportunities.
Management Enhancement: Introducing experienced interim executives to oversee financial, operational, and strategic execution through the next phase of growth.

Investment Overview
This acquisition represents a full ownership opportunity in a profitable HVAC distribution business. PE Gate and its investors will acquire 100% of the company through a newly formed entity. The investment targets a base case IRR of around 30%, supported by a proven business model, solid customer base, and scalable operations. Investors will benefit from PE Gate's active management and long-term value creation approach, with future liquidity options available through a strategic sale or secondary market listing.

To access the detailed Investment Memorandum and express interest, investors are invited to set up an account on the PE Gate platform.