Add-on acquisition Dec 2024 · Finksburg, MD Verified
AirX Climate Solutions acquires Powrmatic USA
Gryphon-backed AirX acquired Powrmatic USA, a manufacturer divested by Stamm International, to expand mid-Atlantic footprint.
“AirX Climate Solutions (ACS), a Gryphon Investors-backed specialty HVAC platform, has acquired Powrmatic USA, a Finksburg, Maryland-based manufacturer of commercial and industrial heating, cooling and air turnover systems.”
Entities
AirX Climate Solutions · Acquirer Gryphon Investors · Sponsor Powrmatic USA · Target Stamm International Corporation · Parent
HVAC
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