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Gryphon Investors To Acquire Leading Specialty Hvac Company Airx Climate Solutions

Sep 27, 2023•almost 2 years ago

Acquiring Company

Gryphon Investors

Acquired Company

AirX Climate Solutions

San FranciscoOklahoma CityAngel InvestmentVenture CapitalFinanceFinancial ServicesManufacturing

Description

Gryphon Investors ("Gryphon"), a leading middle-market private equity firm, announced today that it has agreed to acquire AirX Climate Solutions ("ACS" or the "Company"), a leading designer, manufacturer, distributor, and servicer of highly engineered, functionally critical products for the specialty heating, ventilation, and air conditioning ("HVAC") markets.

Company Information

Company

Gryphon Investors

Location

San Francisco, California, United States

About

Based in San Francisco, Gryphon Investors (www.gryphoninvestors.com) is a leading private equity firm focused on profitably growing and competitively enhancing middle-market companies in partnership with experienced management. The firm has managed over $5.0 billion of equity investments and capital since 1997. Gryphon targets making equity investments of $50 million to $300 million in portfolio companies with enterprise values ranging from approximately $100 million to $600 million. Gryphon prioritizes investment opportunities where it can form strong partnerships with owners and executives to build leading companies, utilizing Gryphon's capital, specialized professional resources, and operational expertise. Contact:Lambert & Co.Caroline Luz203-656-2829 cluz@lambert.com orJennifer Hurson845-507-0571 jhurson@lambert.com SOURCE Gryphon Investors

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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