AirX Climate Solutions Acquires Powrmatic USA
December 4, 2024
AirX Climate Solutions (ACS), a Gryphon Investors-backed specialty HVAC platform, has acquired Powrmatic USA, a Finksburg, Maryland-based manufacturer of commercial and industrial heating, cooling and air turnover systems. Powrmatic, with ~30 employees, was divested by Stamm International Corporation and will operate under ACS to expand its specialty HVAC capabilities and mid‑Atlantic footprint.
- Targets
- Powrmatic USA
- Sellers
- Stamm International Corporation
- Platforms
- AirX Climate Solutions, Inc.
- Industry
- HVAC & Mechanical
- Location
- Maryland, United States
- Transaction Type
- Addon
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