OC&C Advises HVAC machinery producer CMS on Sale to Astraco Capital/Crippa

We are pleased to congratulate CMS shareholders on the successful sale of its business to Astraco Capital and its portfolio company Crippa/SMI, following OC&C providing Vendor Due Diligence and Financial Advisory support.

CMS is a leading company in the design, production, and sale of high-performance rolling machines, hairpin machines, and presses for the Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC-R) sector. Since its founding in 1988, the company has installed over 3,000 machines in more than 40 countries. With two production hubs and two subsidiary companies, one of which is based in the U.S., the company now serves over 200 customers globally.

We wish Astraco Capital, CMS, and the entire Crippa Group every success in the future.

OC&C and Private Equity

We’re a leading strategy consultancy in the Industrial Products sector, and specifically in the machinery and HVAC segments, working with both major global corporations and local champions. We have advised investors on some of the largest transactions worldwide in recent years.

As a global strategy consulting firm, we work in close partnership with our clients to deliver outstanding results. In private equity, we have commercially advised on more than 500 successful transactions over the last 5 years, encompassing sell-side and buy-side roles.

How we can help:

• We provide commercial due diligence and vendor due diligence for transactions and refinancing.
• We assist investors with accelerating or improving their portfolio companies’ performance.
• We help investors identify potential investment themes or assets to target.

For more details on our experience in this space, please get in touch.