Truelink Capital acquires Air Distribution Technologies from Johnson Controls to establish it as an independent business
Acquiring Company
Truelink Capital
Acquired Company
Air Distribution Technologies
Los AngelesPlanoFinancial ServicesArtificial IntelligenceDescription
Truelink Capital has completed the acquisition of Air Distribution Technologies from Johnson Controls, establishing it as an independent business. Under Truelink's ownership, Air Distribution Technologies aims to innovate and excel in the air management, filtration, and movement markets, focusing on strategic investments to drive growth and innovation.
Quick answer
Truelink Capital is acquiring Air Distribution Technologies, announced August 1, 2024. Truelink Capital is based in Los Angeles, California, United States.
- How much did Truelink Capital pay for Air Distribution Technologies?
- The deal value was not disclosed.
- What does Truelink Capital do?
- Truelink Capital is a private equity firm committed to building partnerships to drive long-term value.
- Where are Truelink Capital and Air Distribution Technologies based?
- Truelink Capital is based in Los Angeles, California, United States. Air Distribution Technologies is based in Plano, Texas, United States.
- Who are the decision-makers at Truelink Capital?
- Fundz holds 2 contacts at Truelink Capital. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Air Distribution Technologies?
Air Distribution Technologies was acquired by Truelink Capital, based in Los Angeles. The deal was reported on August 1, 2024. Truelink Capital is a private equity firm committed to building partnerships to drive long-term value. Truelink partners with management teams to accelerate growth. Truelink Capital is privately held and operates in Financial Services.
When did Truelink Capital acquire Air Distribution Technologies?
Truelink Capital's acquisition of Air Distribution Technologies was reported on August 1, 2024. Truelink Capital has completed the acquisition of Air Distribution Technologies from Johnson Controls, establishing it as an independent business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Air Distribution Technologies do?
Air Distribution Technologies is a market leader in the air management and filtration solutions space, with over 4,500 employees operating across more than 25 locations globally. It is privately held, operating in Artificial Intelligence, and is based in Plano.
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