Gryphon-backed AirX Climate Solutions acquires Powrmatic USA

AirX Climate Solutions Inc., a portfolio company of PE firm Gryphon Investors, acquired Powrmatic USA, a specialty HVAC design and manufacturing company in Maryland. The deal follows ACS's July acquisition of AboveAir Technologies.

“OKLAHOMA CITY — 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.”

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