“This investment is a testament to the strength of our platform and the trust we have earned from customers as the leading provider of venting solutions that stand the test of time,” said Davis. “Bain Capital’s extensive industry expertise and operational capabilities make them the ideal partner to accelerate our next phase of growth. We have been fortunate to have an active, strategic investor in Egeria that has enabled us to build the Duravent Group into the business it is today. Adding Bain further enables us to execute our strategic vision focused on accelerating growth, strengthening our category leadership, and enhancing the differentiated value and service we provide to customers and channel partners.” 

“With a market-leading platform in the venting, filtration, and air quality industries and a 125-year legacy of engineering excellence, the Duravent Group is renowned for delivering the most reliable, cutting-edge HVAC systems for homeowners, contractors, and industry professionals,” said Matt Evans, a partner at Bain Capital Special Situations. “Simon and his team have done an impressive job of deepening the Company’s value proposition rooted in a customer-first mentality.”

“We are excited to have Bain Capital join us in the Duravent Group’s next chapter,” said Egbert Prenger, Egeria’s CEO. “We see tremendous opportunity to combine our capabilities and resources to support the Company’s continued expansion. This partnership is consistent with Egeria’s Evergreen investment approach to remain invested in companies over the long term and enable them to realize their full potential.”

Jefferies LLC is serving as financial advisor, and Weil, Gotshal & Manges LLP is serving as legal advisor to Bain Capital. J.P. Morgan and Baird are serving as financial advisors, and Paul Hastings is serving as legal advisors to Egeria.