Press Release

Closed Transaction Announcement
Bravaldo Capital Advisors
Has acquired:

Bravaldo Capital Advisors, Inc. (“BCA”) is pleased to announce its client, BITZER US, Inc., a Flowery Branch, Georgia based leading manufacturer of compressors, condensers, and pressure vessels for refrigeration and air conditioning applications, completed the successful acquisition of ElectraTherm, Inc., a renewable energy company headquartered in Reno, Nevada. BCA sourced the acquisition, served as advisors to BITZER, and provided critical transaction advice which led to a smooth closing.

Peter Narreau, President of BITZER US, noted, “we have been working with BCA for more than three years, and through hard work and persistence, BCA assisted us in sourcing, structuring, and acquiring ElectraTherm. This acquisition will provide BITZER with new products to complement our core commercial refrigeration business and we look forward to integrating ElectraTherm, Inc. into our operations. Matt Lish, Business Development Manager, stated, “having an experienced advisor like BCA facilitated our success throughout the deal process. We relied on BCA for transaction advice from signing the letter of intent through closing.”   

Don Bravaldo, President of Bravaldo Capital Advisors, added, “We are fortunate our client’s determined and process-driven management team was focused to get this deal completed. We look forward to our continued relationship with this great company.” 

For more information, contact:
Don Bravaldo at dbravaldo@bc-advisors.com or Mark Heyman at mheyman@bc-advisors.com