AirX Climate Solutions Acquires AboveAir Technologies
July 8, 2024
AirX Climate Solutions, a Gryphon Investors-backed platform, has acquired AboveAir Technologies, a Frederick, Maryland-based OEM of precision cooling solutions for data centers. AboveAir will operate as a new division of ACS with founder Matt Miller named President of the AboveAir division and becoming a shareholder; ACS will invest in manufacturing capacity at AboveAir's 100,000-square-foot facility and expand its Mid-Atlantic footprint.
- Buyers
- AirX Climate Solutions, Inc. (ACS), Gryphon Investors
- Targets
- AboveAir Technologies
- Platforms
- AirX Climate Solutions, Inc.
- Industry
- HVAC & Mechanical
- Location
- Maryland, United States
- Transaction Type
- Addon
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