Majority stake Announced Aug 2024 Closed Sep 2024 Verified
Gamut Capital acquires Airtron Heating & Air from NRG Energy
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Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.
Summary
Gamut Capital acquired Airtron (one of the largest US residential new-construction HVAC installers; 13 MSAs) from NRG Energy; signed Aug 8, completed Sep 16 2024. NRG's SEC 8-K discloses the $500M price at an 8.6x multiple on 2023 Adjusted EBITDA of $58M.