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Add-on acquisition Nov 2019 Verified

Resolute Industrial (AE Industrial Partners) Acquires American Equipment Group

Resolute Industrial Holdings, a portfolio company of PE firm AE Industrial Partners, acquired American Equipment Group, expanding its specialty HVACR rental fleet, service offerings, and geographic presence.

“INDIANAPOLIS — Resolute Industrial Holdings LLC (“Resolute”), an independent provider of specialty HVACR equipment rental solutions, compressor remanufacturing, and refrigerant storage services, announced that it has acquired American Equipment Group (“AEG”).”

Entities

AE Industrial Partners, LP · Sponsor American Equipment Group · Target Kirkland & Ellis LLP · Advisor PricewaterhouseCoopers LLP · Advisor Resolute Industrial Holdings LLC · Acquirer
HVACRefrigeration

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.