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AirX Climate Solutions Acquires Powrmatic USA to Expand HVAC Solutions Portfolio

Dec 04, 2024•8 months ago

Acquiring Company

AirX Climate Solutions

Acquired Company

Powrmatic USA

Oklahoma CityFinksburgManufacturingManufacturing

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.

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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