Gryphon Investors ('Gryphon'), a leading middle-market private equity firm, announced today that it has agreed to acquire AirX Climate Solutions, a full-service, specialty HVAC service provider. The strategic acquisition is expected to strengthen Gryphon's position in the HVAC industry and expand its portfolio of companies within the climate solutions sector.
The acquisition of AirX Climate Solutions aligns with Gryphon's investment strategy of partnering with market-leading companies in sectors with strong growth potential. As a specialty HVAC service provider, AirX Climate Solutions offers a comprehensive range of services, including installation, maintenance, and repair of heating, ventilation, and air conditioning systems. With a strong reputation for delivering high-quality solutions to its clients, AirX Climate Solutions has established itself as a trusted name in the industry.
Gryphon Investors has a history of successful investments in the middle-market private equity space. The firm has a track record of partnering with management teams to drive growth and create value in its portfolio companies. By acquiring AirX Climate Solutions, Gryphon aims to leverage its expertise and resources to further enhance the company's market position and support its expansion plans.