Calatherm: Maven Leads MBO and Announces Rebrand

Maven Capital Partners has spearheaded a management buyout (MBO) of Elite KL, a leading provider in HVAC and thermal management solutions. The company, which focuses on HVAC and thermal management, has now been rebranded as Calatherm to underscore its shift towards sustainable energy solutions. This transformation includes new leadership appointments: David Roberts as Chair, Frank Duffin as Non-Executive Director, and others, aiming to fortify its strategic growth. Calatherm operates a 40,000 sq. ft. facility in Tamworth and serves prominent clients like JCB, Ravo, and Northern Rail. With an increased emphasis on green energy and zero-emission technologies, the company aims to be at the forefront of innovation in electric and hydrogen-powered vehicle solutions. With the global clean energy market projected to exceed $2 trillion within a decade, Calatherm, backed by Maven, is well-positioned to capitalize on this booming industry. The rebranding reflects a more significant transition under private ownership with a focus on sustainability and innovation to meet the demands of evolving global energy needs.