CAI-backed Custom Air buys Power Plus and assets of ICR Air

Power Plus is an electrical contractor and ICR is a HVAC services provider.

  • CAI invested in Custom Air in 2018
  • Port Coquitlam-based Custom Air is a mechanical services company
  • CAI is a Vancouver-based private equity firm

Custom Air Conditioning, a portfolio company of CAI Capital Partners, has acquired both Power Plus Electric and certain assets of ICR Air.

Power Plus, based in Maple Ridge, British Columbia, is an electrical contractor that provides both “A” and “B” regulated electrical services.

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