| TORONTO, March 7
TORONTO, March 7 U.S. investment firm Alinda
Capital Partners is seeking buyers for Reliance Comfort L.P., a
Canadian provider of heating and cooling systems, in a deal that
could value the company C$3 billion to C$4 billion, according to
people with knowledge of the process.
Alinda has hired Canadian Imperial Bank of Commerce
and Goldman Sachs as financial advisers for the sale, the
The sale is seen attracting interest from Canadian pension
funds and U.S. private equity firms, said the people, who
declined to be identified as the process is confidential.
A CIBC spokeswoman declined comment. Alinda Capital and
Goldman Sachs did not respond to requests for comment.
Bloomberg reported the news earlier on Tuesday.
($1 = 1.3412 Canadian dollars)
(Reporting by John Tilak; Editing by Sandra Maler)