AAON completes $122M+ acquisition of BasX Solutions

AAON, Inc. completed its acquisition of 100% of BasX, LLC (BasX Solutions) on December 10, 2021, funded via cash, revolver borrowings and equity, with $100M upfront, up to $80M earn-out equity, and a $22M related real estate purchase. The deal gives AAON entry into the data center and cleanroom markets.

“AAON, Inc. (“AAON” or the “Company”) today announced it completed the acquisition of BasX, LLC, dba BasX Solutions (“BasX” or “BasX Solutions”) on December 10, 2021.”

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