Madison Industries' IAQ Vertical Acquires Big Ass Fans from Lindsay Goldberg

Madison Air Acquires AcoustiFLO

January 23, 2025

Manufacturing

Madison Air has acquired AcoustiFLO, a Denver‑area manufacturer of high‑performance plenum fans and acoustic fan technology, to add aerodynamic efficiency and acoustic performance capabilities to its Air Handling Group (AHG). AcoustiFLO, founded in 1995 and headquartered in Aurora, Colorado, will report to Madison Air's AHG and its technology will be integrated across portfolio air‑handling platforms including FANWALL offerings.

Madison Industries Acquires Specified Air Solutions from The Sterling Group

October 2, 2018

Manufacturing

Madison Industries has acquired Specified Air Solutions, a multi-branded commercial and industrial HVAC equipment manufacturer headquartered in Grand Rapids, Michigan. The Sterling Group, which launched and built the Specified Air Solutions platform, sold the company to Madison to complement Madison's suite of HVAC and indoor air quality solutions; financial terms were not disclosed.

Madison Industries Acquires UV Resources

May 12, 2021

Manufacturing

Madison Industries has acquired UV Resources, a Valencia, California-based designer and manufacturer of ultraviolet (UV) lighting and germicidal solutions. UV Resources will become a division within Madison's Indoor Air Quality (IAQ) segment; financial terms were not disclosed.

SPX Corporation Acquires Cincinnati Fan & Ventilator Co.

November 15, 2021

Manufacturing

SPX Corporation has entered into a definitive agreement to acquire Cincinnati Fan & Ventilator Co., Inc. from Dominus Capital. Cincinnati Fan, headquartered in Mason, Ohio with approximately 215 employees across the US and UK, supplies engineered air movement solutions and will be integrated into SPX's global HVAC Cooling business to expand capabilities and distribution.

Vectair Acquires Big D Industries

June 20, 2025

Manufacturing

Vectair, a global provider of aircare and hygiene solutions, has acquired Big D Industries, an Oklahoma City–based manufacturer of odor control and air freshening products. The acquisition expands Vectair's product portfolio and strengthens its capabilities in commercial and industrial cleaning and sanitation markets.

Fairbanks Morse Defense Acquires American Fan

October 30, 2023

Aerospace & Defense

Fairbanks Morse Defense (an Arcline portfolio company) has acquired American Fan, a Fairfield, Ohio-based maker of axial and centrifugal fans. The add-on expands FMD’s OEM product and service capabilities for naval and marine customers, integrating American Fan’s fans (specified in 30 U.S. Navy shipbuilding programs) into FMD’s turnkey marine solutions.