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TORONTO (Reuters) - 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.
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.
Reporting by John Tilak; Editing by Sandra Maler