AirX Climate Solutions (Gryphon-backed) acquires Powrmatic USA

AirX Climate Solutions, a Gryphon Investors portfolio company, acquired Powrmatic USA, a Maryland specialty HVAC design and manufacturing company, as a complementary add-on to its specialty HVAC portfolio.

“AirX Climate Solutions Inc. (ACS), a full-service specialty HVAC company, on Wednesday acquired Powrmatic USA, a specialty HVAC design and manufacturing company that provides cooling and heating air-turnover products and solutions.”

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.