Beijer Ref, the global leader in HVAC-R wholesale, added >1,000 relevant targets using Grasp.

Company

Beijer Ref

Market(s)

Global (22 markets scanned)

Industry

HVAC-R

Key data

7

times

increase in number of relevant targets

12k

data points

unique data points mapped

Problem

Traditional M&A-screening methods are insufficient and result in many high-priority targets being missed.

Solution

Use Grasp's AI to scan the web for all relevant targets, and collect the industry-specific data points needed to prioritize among them.

Case

Beijer Ref AB offers its customers solutions within refrigeration and climate control. Beijer Ref is one of the largest refrigeration wholesalers in the world, and is represented in 42 countries in Europe, Africa, Asia and Oceania.

‍

M&A has become an increasingly important part of Beijer Ref’s growth strategy. Traditionally, sourcing was done through own desktop research and external consultants. This was costly and resulted in certain targets being overlooked.

‍

Beijer Ref used Grasp’s AI to source targets in 22 priority markets in Asia, Europe, Middle East, Latin America and North America. The outcome was a 7x increase in the number of relevant targets found, including all data needed to prioritize among them.