June 2024: Origin Merchant Partners Advises RYCOM Corporation on its successful sale to Ainsworth Inc.

June 2024: Origin Merchant Partners Advises RYCOM Corporation on its successful sale to Ainsworth Inc.

By ext_origin

All Transactions, Mergers & Acquisitions

July 19, 2024

Origin Merchant Partners (“Origin”) is pleased to announce that it acted as exclusive financial advisor to RYCOM Corporation (“Rycom”) on its sale to Ainsworth Inc. (“Ainsworth”), a wholly owned subsidiary of GDI Integrated Facility Services (“GDI”).

Rycom: For over 25 years, RYCOM has led the way in the development, deployment and operation of smart building solutions, helping its clients reduce energy consumption, lower GHG emissions, increase profitability, and improve tenant comfort.

Ainsworth: Ainsworth provides high-quality technical trades services, including HVAC, design-build, electrical, energy management, innovative solutions, and building automation for institutional, commercial, residential, healthcare, and industrial clients across North America.

GDI: GDI is the fifth-largest facility services business in North America with more than 30,000 employees, 1 billion square feet serviced, and with operations across Canada and the United States.

Origin Senior Leads: Peter Farrell, Mario Di Pietro