Aggreko Acquires Resolute Industrial from AE Industrial Partners for $440M

Resolute Industrial Acquires All American Portable Air

May 17, 2021

HVAC & Mechanical

Resolute Industrial Holdings (through its Mobile Air & Power Rentals division) acquired All American Portable Air, a two-location provider of temporary cooling and climate-control rental solutions serving the Southeast. The acquisition expands Resolute's geographic presence into the Nashville market; terms were not disclosed and founder Roscoe Nesmith and employees will remain with the business.

Resolute Industrial Acquires the Assets of DriExpress and Empire Holdings

August 12, 2020

Industrial Services

Resolute Industrial Holdings, a portfolio company of AE Industrial Partners, has acquired the assets of DriExpress LLC and Empire Holdings LLC, two specialty HVAC&R equipment rental and logistical-support businesses serving the restoration and disaster-mitigation market. The deal (terms not disclosed) expands Resolute's rental fleet by more than 5,000 assets, broadens geographic coverage across the U.S., and integrates the sellers' teams into Resolute's Mobile Air & Power Rental operations.

Aggreko Acquires RenEnergy's UK and South Africa Businesses

January 22, 2024

Energy

Aggreko has acquired the UK and South African businesses of RenEnergy, a specialist provider of commercial and industrial solar PV, energy storage and EV charging/carport solutions. The deal expands Aggreko's renewable energy capabilities and presence in key markets, with RenEnergy continuing to operate under its brand and management teams retained.

Resolute Industrial Acquires Rocky Mountain Portable Cooling

March 11, 2022

HVAC & Mechanical

Resolute Industrial Holdings, a PE-backed operator in specialty HVAC and power rental, has acquired Rocky Mountain Portable Cooling (RMPC). RMPC will operate under Resolute’s Mobile Air & Power Rentals platform, adding over 500 assets and expanding the rental platform into the Denver/Colorado market; terms were not disclosed and founder Mark Stone will continue as President.

Aggreko Energy Transition Solutions Acquires Infiniti Energy

July 8, 2024

Renewable Energy

Aggreko Energy Transition Solutions (ETS), a division of Aggreko, has acquired Infiniti Energy, a U.S.-based commercial and industrial solar developer and IPP, from Upper Bay Infrastructure Partners. The deal adds 12 MW of contracted operating solar assets, 22 MW of construction-ready projects and an additional pipeline to Aggreko ETS, strengthening its distributed solar EPC capabilities and East Coast presence.

Daikin Applied Acquires Alliance Air Products

March 2, 2023

Manufacturing

Daikin Applied has acquired Alliance Air Products, a San Diego–based manufacturer of custom air-handling equipment. The acquisition expands Daikin’s portfolio and engineering capabilities—strengthening its data-center cooling and custom HVAC offerings while enabling faster delivery and broader end-to-end solutions for mission-critical applications.