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Majority stake Announced Oct 2023

Gryphon Investors to Acquire AirX Climate Solutions

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Relationship map for Gryphon Investors to Acquire AirX Climate Solutionsparent ofGryphon Investors: Pe FirmGryphon InvestorsAirX Climate Solutions: PlatformACAirX Climate Solutions
Pe FirmPlatform

Parties

Acquirer
Gryphon Investors
Pe Firm
Target
AirX Climate Solutions
Platform

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Summary

Gryphon Investors announced it will acquire AirX Climate Solutions (ACS), a specialty HVAC solutions provider, from L Catterton. The transaction is expected to close in Q4 2023, with ACS management reinvesting alongside Gryphon. This marks Gryphon's fourth investment in the HVAC value chain.

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