Madison Industries Acquires UV Resources

WellAir Acquires UV Innovators (NuvaWave) to Expand Disinfection Platform

February 10, 2021

Medical Devices

WellAir Group Ltd. has acquired UV Innovators (UVI), the North Carolina developer of the NuvaWave handheld medical-grade UVC surface disinfection device. The deal brings UVI founders and executives into WellAir's leadership team and combines UVI's surface-disinfection technology with WellAir's air-cleaning platform to create a broader infection-control product ecosystem.

Applied UV Acquires PURO Lighting and LED Supply Co.

December 19, 2022

Medical Devices

Applied UV, Inc. (NASDAQ:AUVI) entered into definitive agreements to acquire PURO Lighting, LLC and LED Supply Co. in a combined transaction valued at approximately $20 million (cash and restricted shares). The deals would roughly double Applied UV's size—adding an estimated $18 million of revenue—and expand its distribution, sales capabilities and access to PURO's strategic relationships (including Acuity Brands) for FDA‑cleared disinfection products.

Far UV Technologies Acquires AeroMed Technologies

March 28, 2023

Medical Devices

Far UV Technologies, a Kansas City–based provider of far-UVC whole-room disinfection solutions, has acquired AeroMed Technologies, LLC of Utica, New York, a long-standing maker of upper-room germicidal UV fixtures and HEPA filtration healthcare solutions. The deal combines Far UV's far-UVC innovations and IP with AeroMed's commissioning, HEPA products and customer footprint to expand product capabilities and market reach in healthcare, government and commercial end markets.

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.

Poverty Dignified (VirExit) Acquires Lexian Products, Inc.

March 23, 2021

Medical Devices

Poverty Dignified, Inc. (soon to be renamed VirExit Technologies, Inc.) has acquired Lexian Products, Inc., the developer of the VIRALUX UV-C disinfection product line. The deal brings Lexian's handheld and mounted UV-C devices into VirExit's antiviral product portfolio to accelerate product development and commercialization of room-scale, human-safe sanitization solutions.

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.