Calatherm

Deal Type
Private Equity

Initial Investment
March 2024

Sector
Industrials & Engineering

Fund
Private Equity

Status
Current

Originally founded in 1939, Calatherm is a leading heating, ventilation, air conditioning (HVAC) and thermal management solutions provider. The business supports full-cycle product development from design and validation to supply and aftercare. With an increasing focus on green energy technology, the company is developing zero-emission vehicle technology and sustainable heating and cooling solutions across automotive, rail and construction industries.

The West Midlands business has built a strong reputation for delivering high performance thermal management solutions to Tier 1 clients, such as JCB, Morgan, Ravo and Northern Rail across the UK, Ireland, Europe, and Australia.
Calatherm
Since becoming independent, we have sharpened our focus on innovation, sustainability, and customer-driven solutions. With strong financial backing from Maven, embedded customer relationships and an ambitious leadership team, we are excited to drive the next phase of our journey as Calatherm.

Mark Holmes, CEO of Calatherm

Meet the lead executive(s)

Martin McLaren
Martin McLaren

Partner

Andrew Muirhead
Andrew Muirhead

Senior Investment Manager