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Deals

Permira Weighs Sale of Component Maker DiversiTech

Private equity firm Permira is exploring a sale of DiversiTech, a maker of components used in heating, ventilating, air conditioning and refrigeration, according to people with knowledge of the matter.

The firm is working with an adviser to solicit interest in Atlanta-based DiversiTech, the people said. The company could fetch as much as $1.5 billion including debt, a person with knowledge of the matter said. It has at least $527 million in outstanding debt, according to data compiled by Bloomberg.