Palmetto Air & Water Balance Acquires Air Balancing Company, Inc.
July 30, 2023
Palmetto Air & Water Balance has merged the operations of Air Balancing Company, Inc. (ABC) into its platform, creating Palmetto Air & Water Balance – Texas to serve Abilene, Fort Worth and Lubbock. The add-on was executed while Palmetto is a Sunny River Management portfolio company, with financing provided by Deerpath Capital Management; terms were not disclosed.
- Buyers
- Palmetto Air & Water Balance, LLC, Sunny River Management, Deerpath Capital Management
- Targets
- Air Balancing Company, Inc.
- Platforms
- Palmetto Air & Water Balance, LLC
- Industry
- HVAC & Mechanical
- Location
- Texas, United States
- Transaction Type
- Addon
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