Madison Air Acquires AcoustiFLO

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

July 19, 2021

Manufacturing

Madison Industries’ Indoor Air Quality vertical (Madison IAQ) has agreed to acquire Big Ass Fans from funds managed by Lindsay Goldberg. Financial terms were not disclosed; the deal is expected to close in Q3 2021 and expands Madison’s indoor air quality and airflow product portfolio.

FDH Aero Acquires Madison Aerospace

September 3, 2021

Aerospace & Defense

FDH Aero has acquired Madison Aerospace, a Haltom City, Texas-based distributor of aerospace hardware focused on the OEM market. The deal expands FDH's product offerings and strengthens its footprint in the Texas aerospace production supply chain; Madison's leadership (Brian and Craig Hutchins) will continue to run operations. Audax Private Equity is the sponsor behind FDH (FDH has completed multiple add-ons since Audax's 2017 investment).

Filtration Group (Madison Industries) Acquires Flow Dry Technology

March 5, 2020

Manufacturing

Filtration Group, a Madison Industries company, acquired Flow Dry Technology, a designer and manufacturer of desiccant bags, value-added assemblies, and moisture-protection solutions. The acquisition marks an exit for Argosy Private Equity, which had owned Flow Dry since 2014; Flow Dry is headquartered in Brookville, Ohio with additional manufacturing facilities in China and Hungary.

Air Lift Company Acquires Flo Airride Mfg.

January 25, 2021

Automotive

Air Lift Company has acquired Flo Airride Mfg., an Oklahoma-based manufacturer of air tanks for the lowered truck market. Operations and production will be moved to Air Lift’s Lansing, Michigan headquarters, Flo Airride founder Mike Alexander joins Air Lift Performance as Brand Manager, and Air Lift also gained rights to Slam'd Magazine.

Flow Service Partners Acquires Dynamic Air Solutions

May 31, 2024

HVAC & Mechanical

Flow Service Partners, a PE-backed commercial HVACR and plumbing platform, has acquired Dynamic Air Solutions, a Louisville-based commercial and industrial HVAC specialist. The add-on expands Flow's service capabilities and operational density in Kentucky and southern Indiana; financial terms were not disclosed.

Ardian Acquires Majority Stake in Acousti Engineering Company of Florida

September 30, 2020

Construction

Ardian's North America Direct Buyouts team has agreed to acquire a majority stake in Acousti Engineering Company of Florida from the Verner family and retiring members of management, with the ongoing management team retaining a meaningful minority interest. The investment will support a management-led leadership transition and accelerate Acousti's geographic expansion and growth across its specialty interior systems and finishing services.