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Deal announced Sep 2017 · United States Verified

Hudson Technologies signs definitive deal to acquire Airgas Refrigerants for ~$220M

Hudson Technologies entered into a definitive agreement to acquire Airgas Refrigerants Inc. (ARI), a subsidiary of Airgas Inc., in a transaction valued on a gross basis at approximately $220 million. The deal is financed with cash, a $150M PNC asset-based lending facility, and a $95M-$110M term loan from funds advised by FS Investments and sub-advised by GSO Capital Partners.

“[Hudson Technologies Inc](https://www.hudsontech.com/). has entered into a definitive agreement to acquire [Airgas Refrigerants Inc.](https://www.airgasrefrigerants.com/) (ARI). The transaction is expected to close before the end of the year.”

Entities

Airgas Inc. · Parent Airgas Refrigerants Inc. · Target FS Investments · Lender GSO Capital Partners LP · Lender Hudson Technologies Inc. · Acquirer PNC Bank · Lender
Refrigeration

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