Baker Tilly Capital advises on sale of Glacier Group, LLC

Client need

Glacier Group, LLC (Glacier) is a Wisconsin-based HVAC manufacturers’ representative firm delivering sustainable, high-performance HVAC systems for healthcare, education, industrial and commercial applications. Known for its relationship-first approach and technical depth, Glacier provides systems that optimize performance and lifecycle value.

Baker Tilly Capital solution

Baker Tilly Capital, LLC (Baker Tilly Capital) acted as financial advisor to Glacier on its sale to Ambient Enterprises. Baker Tilly Capital conducted a customized sale process to ensure Glacier found a partner who shares its commitment to providing customers with the best solutions.

Results

Glacier was acquired by Ambient Enterprises, a collective of HVAC design and implementation experts each entity esteemed in their respective regions, with decades of experience.

Joe Steele and Ed Schnaubelt, Partners at Glacier, shared:

“We are extremely excited to be joining the Ambient collective. Our strength lies in our culture and our people, and Ambient provides an excellent opportunity to align with great companies that share these values. Together with Ambient, we will continue to grow the HVAC market in Wisconsin by partnering with a national network of solution providers.”