IPO in prospect as home retrofitter HRV hits acquisition trail

Wed, 06 Jul 2016

By Fiona Rotherham July 7 (BusinessDesk) - HRV is on the acquisition trail with a planned roll-up of small companies in the retrofit healthy home sector and initial public offering on the sharemarket a potential exit option for its private equity majority owner. The Auckland-based company, which was started by two entrepreneurs in 2003 selling home ventilation directly to Kiwi householders, has already bought four businesses in the past two years extending its reach into water purification, window double-glazing, and heat pumps. A roll...

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