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Air conditioning specialist Four Seasons Control has expanded its operations into a new region of the UK after completing a seven figure deal.

The air conditioning designer, installer and maintenance provider bought rival company Air-conditioning and Associated Services (AAS) for £9 million.

The deal was backed by Barclays Ventures with senior debt and working capital provided by HBOS. The acquisition of AAS provides Four Seasons with a base in the south of England from where it plans to continue growing its business.

As well as expanding Four Seasons’ geographical presence, the deal improves its design, installation and maintenance service offering. The company bought AAS as part of its plans to benefit from growth in the air-conditioning market due to public demand and legislation.

The enlarged group will be led by Tom Keeping, who led a buy-in at Four Seasons two years ago. He will be joined on the board by AAS’ vendor, Malcolm Lee, who becomes business development director.

The board, which also comprises directors Peter Singh and Adrian Butcher, will be complemented by Maurice McBride who joins as non-executive chairman. McBride has worked with several private equity-backed businesses including Barclays Ventures’ deal with facilities management provider Integral.

Four Seasons, which is based in Leeds, serves companies such as WH Smith, Waterstones, and William Hill. AAS primarily operates in the southeast with its clients including Nationwide Building Society, Costa Coffee and Carphone Warehouse.

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