Limbach Holdings Acquires Industrial Air, LLC

Limbach Holdings, Inc. closed the acquisition of Greensboro, NC-based specialty mechanical contractor Industrial Air, LLC for $13.5 million in cash, with an additional earnout of up to $6.5 million.

“On November 1, 2023, Limbach Holdings, Inc. issued a press release announcing the closing of the acquisition of Greensboro, NC-based specialty mechanical contractor, Industrial Air, LLC (“Industrial Air”), for a purchase price at closing of $13.5 million in cash. The transaction also provides for an earnout of up to $6.5 million.”

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