AirX Climate Solutions Acquires Powrmatic USA to Expand HVAC Solutions Portfolio

Dec 04, 2024•7 months ago

Acquiring Company

AirX Climate Solutions

Acquired Company

Powrmatic USA

Oklahoma City

FinksburgManufacturingManufacturing

Description

AirX Climate Solutions, Inc. has announced the acquisition of Powrmatic USA, a leading specialty HVAC designer and manufacturer. This acquisition is part of AirX's strategic initiative to unlock significant growth opportunities by expanding its HVAC solutions portfolio and leveraging Powrmatic's legacy, brand, and technical solutions in the market.

Company Information

Company

AirX Climate Solutions

Location

Oklahoma City, Oklahoma, United States

About

AirX Climate Solutions Inc. (ACS) is a national full-service HVAC provider for specialty and mission-critical applications. With more than 700 team members across five manufacturing facilities in the United States, ACS offers commercial and industrial HVAC solutions.

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

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AirX Climate Solutions Acquires Powrmatic USA to Expand HVAC Solutions Portfolio

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Company Information