Nextclima

airnou.com ↗ ·Granollers ·Other

Nextclima (Grup Nextclima) is a Catalan HVAC and ventilation services group created in 2025 by search-fund investor Marc Giné through his vehicle Terra Firma Capital, which simultaneously acquired two established installers — Airnou (Granollers, founded 1992) and Termotur (Pineda de Mar, founded 1951) — for roughly €10M. The group installs and maintains air conditioning, heating, ventilation, aerothermal and industrial refrigeration systems across Barcelona, Tarragona and Girona, with ~70 employees (40 technicians, 8 engineers) and combined revenue above €10M, and plans further buy-and-build acquisitions of €2–10M revenue firms across Spain. It is a search-fund-backed SME roll-up rather than a venture-backed startup.

Founded
2025
Founders
1
Total funds raised
—
Rounds
0
Investors
4
SectorsHVAC, Climate control & ventilation, Building services, Energy efficiency, Search fund roll-up Start-up MapEnergy & Climate › Residential energy transition

Suggest a correction

Founders

Marc Giné
CEO and Founder (via Terra Firma Capital)

Global models 5

Enpal
Germany · www.enpal.de ↗
Installs and services residential energy systems, including heat pumps, with its own field technicians, and earns its money from installation and service rather than software.
$1.3BComparable
1KOMMA5°
Germany · 1komma5.com ↗
A buy-and-build group that acquires established regional installers of heat pumps, HVAC and solar and rolls them into one platform, which is the same acquisition-led approach Nextclima is taking.
$650MComparable
Aira
Sells, installs and maintains heat pumps through its own network of technicians and makes its money on installation and ongoing service.
$350MComparable
Thermondo
A heating and heat-pump installer with its own employed technicians, earning revenue from installation and maintenance contracts.
$220MComparable
Dandelion Energy
United States · dandelionenergy.com ↗
Installs and services geothermal heating and cooling systems, generating revenue from installation work and the service that follows.
$150MComparable

In the same niche 25 others

See all in the Start-ups Map →

Notes: Most funded first

Investors 4

Open as list →
Cabiedes & Partners
www.cabiedes.com
Buyout 2025 · not counted Spain
Orca Equity Partners (formerly Ethos Partners)
Investor United Kingdom
Beka Finance (Beka Alpha Search Fund)
Buyout 2025 · not counted Spain
ONEtoONE Asset Management
Buyout 2025 · not counted Spain

Funding rounds 0

·1 not counted
Not counted (1)

Not counted in totals

DateRoundAmountLead
PublishedArticle
2025-09-30 ONEtoONE Asset Management enters the HVAC sector in Spain with the investment in Grup Nextclima ↗
Capital & Corporate / Capital-Riesgo.es
2025-09-30
Start typing to search across everything.
↑↓ navigate↵ openesc close? shortcuts
Keyboard shortcuts
/ Ctrl K
Search
j k
Next or previous row
↵
Open the row
Ctrl ↵
Open it in a new tab
[ ]
Previous or next page
?
This list