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Altus Capital Partners, a private equity firm specializing in middle-market manufacturing companies announced the acquisition of Air Innovations, LLC, a leading manufacturer of environmental control units (ECUs) serving industries such as wine, aerospace, semiconductor, homeland security, and healthcare.
Financial terms of the transaction were not disclosed.
Capstone Partners served as financial advisor to Air Innovations.
Parties
Company
Altus Capital Partners
Company
Air Innovations, LLC
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date