Press Release

Closed Transaction Announcement
Bravaldo Capital Advisors
Has acquired:

Bravaldo Capital Advisors, Inc. (“BCA”) is pleased to announce 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 VaCom Technologies, Inc. (“VaCom”), a La Verne, California based industry leader in refrigeration technology and energy performance for refrigeration systems. BCA sourced the acquisition, served as advisors to BITZER, and provided transaction advice through closing. 

Peter Narreau, BITZER US President, stated “we have been working with BCA for more than four years, and BCA assisted us in sourcing, structuring, and acquiring VaCom. This acquisition will enhance BITZER’s capabilities in North America by offering a fully-integrated refrigeration system with equipment and controls, while creating a new sales channel for BITZER’s core products. Furthermore, VaCom will expand our West Coast presence, and provide an opportunity to replicate these capabilities across the country. Matt Lish, Business Development Director, added “over the course of several years, BCA sourced multiple refrigeration controls opportunities for BITZER. Together, we were able to push through typical closing issues in record time, meeting our aggressive acquisition timeline for this project. VaCom represents our second acquisition that expands our capabilities in energy generation and management and creates new customer opportunities for our core commercial refrigeration products.”

Don Bravaldo, President of Bravaldo Capital Advisors, added “By acquiring VaCom, BITZER has brought into the fold a great complement to our client’s existing capabilities. Our team worked tirelessly to ensure BITZER’s first acquisition in the refrigeration systems controls industry provided the technology and service capabilities our client was seeking.”  

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