OVERVIEW
BestAir is leading provider of green home climate solutions, operating in B2B and B2C segments in 8 different countries. Its B2C online-first business segment Zave is geographically the biggest sales platform of renewable energy solutions in Northern Europe. Livonia invested in BestAir in 2022 with aim to support continued growth across the company's geographies and business lines.
Sustainability & WHY WE INVESTED
A conscious push by both consumers and governments to cut carbon footprint is driving demand for heat pumps and other renewable energy products, which is a perfect category for carbon and energy reduction. Having grown into one of the largest regional heat pump solution providers, BestAir and Zave are well positioned to continue growing in the coming years.
KEY FACTS
- Sales: €45.1 million
- Investment date: 2022
TEAM
- Kaido Veske
- Maarja Pärs
Bestair Group and Zave Group team up with Livonia Partners for next growth phase
Livonia is partnering up with the leading providers of green home climate solutions to support continued growth across geographies and business lines.