Eden Energy Equipment Limited has been acquired by Sugar Maple Capital
May 30, 2024
Eden Energy Equipment Limited (“Eden”) has been acquired by Sugar Maple Capital and Michael Ridler, Eden’s general manager. Crosbie & Company Inc. acted as the exclusive sell-side advisor to Eden Energy Equipment Limited.
Michael Ridler joined Eden more than 20 years ago, and is currently general manager. Grant Blackmore, owner and president, will transition to enterprise accounts and become a strategic advisor to the company. According to Blackmore, Sugar Maple Capital will “provide capital and expertise to fuel the next phase of Eden’s growth.”
Eden is a distributor of energy-efficient HVAC equipment, accessories and parts. Eden solutions include geothermal air-to-water heat pump systems, hydronic heating and cooling systems and support accessories and parts. The Company was established in 1981 and currently operates out of a facility located in Guelph, Ontario.
Sugar Maple Capital is a private equity investment firm based in Toronto, Canada. Sugar Maple Capital helps owners of private well-established businesses successfully transition their company to a new generation of management, ensuring it continues to thrive long after the sale.