Add-on acquisition Dec 2024 · Frederick, Maryland, USA Verified
AirX Climate Solutions prior acquisition of AboveAir Technologies (July)
The Powrmatic deal followed AirX Climate Solutions' July acquisition of AboveAir Technologies, based in Frederick, Maryland, indicating an ongoing add-on roll-up under Gryphon ownership.
“The Powrmatic acquisition follows the ACS acquisition in July acquisition AboveAir Technologies, based in Frederick, Maryland.”
Entities
AboveAir Technologies · Target AirX Climate Solutions · Acquirer
HVAC
Source: www.achrnews.com
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.