Groupe Climater is a leading independent player in the HVAC engineering field in the South of France. The Group has over 440 employees specialising in the study, design, production, commissioning and maintenance of HVAC installations, targeting a diverse range of clients in the housing and accommodation, healthcare, industrial, retail and tertiary sectors.

Canaccord Genuity was appointed financial advisor in January 2011 and ran a highly competitive auction process involving financial sponsors and trade buyers.