Truelink Capital Acquires Air Distribution Technologies from Johnson Controls
August 1, 2024
Truelink Capital has acquired Air Distribution Technologies from Johnson Controls, establishing the business as an independent company led by existing CEO Doug Schuster. The company, which includes brands such as Koch Filter, Titus, Ruskin and PennBarry and employs over 4,500 people across 25+ locations, will receive strategic and operational investment from Truelink to accelerate growth and pursue M&A initiatives.
- Buyers
- Truelink Capital
- Targets
- Air Distribution Technologies
- Sellers
- Johnson Controls
- Industry
- Manufacturing
- Location
- Texas, United States
- Transaction Type
- Divestiture
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