immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Unternehmensakquisition

  • Building services engineering group expands in Engadin

    Building services engineering group expands in Engadin

    The Burkhalter Group has acquired Caotec SA, based in Brusio, which specialises in heating, ventilation, air conditioning and sanitation technology (HVAC). The acquisition of Caotec SA will enable the Burkhalter Group to provide HVAC services in the Upper and Lower Engadine and Valposchiavo regions in future.

    According to a statement, the acquisition is also part of the Burkhalter Group’s targeted acquisition strategy, which already saw it acquire Gattiker Elektro GmbH in Uster, Canton of Zurich, and Mathieu Ingenieure AG in Visp, Canton of Valais, in 2025.

    The newly acquired Caotec AG employs 17 people and most recently generated annual sales of around CHF 4.9 million. The company will continue to operate as an independent group company of Burkhalter Holding AG under the current management of Dario Cao. The name Caotec SA will be retained and all employees will be taken on.

    The Burkhalter Group is a full-service provider of cross-trade building technology, particularly in the areas of heating and cooling, ventilation and air conditioning, sanitation and electrical engineering. The group is headquartered in Zurich.

  • Digital brokerage platform expands offering in the skilled trades market

    Digital brokerage platform expands offering in the skilled trades market

    QuinStreet will integrate HomeBuddy into its offering. The California-based company has announced that it intends to use the SIREN GROUP’s brokerage platform from the canton of Schwyz to add “an important new product line” to its Modernise Home Services platform. The aim is to enable trades companies to achieve “predictable, sustainable business growth”.

    QuinStreet also believes that this acquisition will result in an increase in adjusted EBITDA of an estimated £30 million or more in the first twelve months. After that, “already identified synergies” are expected to come into play and lead to “significant growth”. According to the information provided, HomeBuddy generated revenue of approximately $141 million in the twelve months to 30 September 2025.

    To achieve the targeted growth, QuinStreet will pay SIREN GROUP $115 million in cash upon closing and an additional $75 million over a four-year period under a share purchase agreement. Further details of the transaction will be provided with the financial results for the first two quarters of 2026, according to the information provided.

    QuinStreet expects HomeBuddy to expand its network with new repair and renovation professionals and increase its customer base to more than 2,000 businesses and regional professionals from 30 demanding industries. In addition, HomeBuddy is expected to further strengthen QuinStreet’s foundation for delivering new products and services, most notably the 360 Finance marketplace for financing home renovations.