Gryphon Investors Acquires AirX Climate Solutions from L Catterton
September 27, 2023
Gryphon Investors has agreed to acquire AirX Climate Solutions (ACS), a specialty HVAC designer, manufacturer, distributor, and servicer headquartered in Oklahoma City, from private equity firm L Catterton. Gryphon will partner with ACS management, who are reinvesting, to expand geographic footprint, grow aftermarket and service offerings, and pursue add-on acquisitions; the deal is expected to close in Q4 2023 and financial terms were not disclosed.
- Buyers
- Gryphon Investors
- Targets
- AirX Climate Solutions
- Sellers
- L Catterton
- Industry
- Industrial Services
- Location
- Oklahoma, United States
- Transaction Type
- Buyout
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