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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

HVAC

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.