Transaction details
Hearth products
KPMG Corporate Finance acted as financial advisor to CAI Capital Partners on the sale of Canadian Heating Products Inc. ("CHP") to Empire Comfort Systems Inc. (Empire).
Canadian Heating Products is a niche manufacturer of residential and commercial gas fireplaces that are marketed and sold under the Montigo brand name. CHP’s product offering includes gas fireplaces for the residential market, as well as highly-customized linear gas fireplaces for the residential and commercial markets.
Empire Comfort Systems grew out of a small sheet metal shop founded by Henry Bauer in 1932, in the city of Belleville, Illinois. The family tradition continues as Nick Bauer and Jane Bauer represent the fourth generation of Bauers at Empire. The company currently manufactures hearth products, grills and space heaters in eight locations throughout North America.
KPMG deal team
KPMG Corporate Finance
acted as financial advisor to
on the sale of
to
July 2023
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