At what enterprise value was AIR FLOW acquired in 2020?

During the acquisition of AIR FLOW by XEBEC in 2020, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 0M - 15M USD. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Business Services industry currently tracks an average EBITDA multiple of 11.1x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of AIR FLOW when it was acquired by XEBEC?

The estimated EV/EBITDA multiple for AIR FLOW is in the range of 5x - 12x. For comparison, the Business Services sector currently shows an average EBITDA multiple of 11.1x. Join our community for free to access full valuation data and industry trends.

When was AIR FLOW acquired by XEBEC?

AIR FLOW was acquired by XEBEC in 2020.

What was the revenue of AIR FLOW at the time of the deal?

The revenue of AIR FLOW at the time of the deal is estimated to be in the range of 5M - 25M USD. Register for free to access the full transaction report and exact valuation multiples.

What was the EBITDA of AIR FLOW during the acquisition?

AIR FLOW's EBITDA is estimated to be in the range of 0M - 5M USD. Join our community for free to access complete and exact deal data.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the AIR FLOW acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the AIR FLOW deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.bioenergy-news.com/news/xebec-acquires-air-flow-to-support-rng-growth/

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Home Database Business ServicesAIR FLOW

07/2020

AIR FLOW acquired by XEBEC

UNITED STATES Industrial Services / Industrial & Technical Distribution EV 0M - 15M USD

Context

The global Cleantech leader has successfully finalized the acquisition of 100% of the share capital of the target, marking a significant expansion of its technical service capabilities in the Southeastern United States. This strategic transaction represents a definitive move to incorporate localized compressed air expertise into the group’s broader industrial service and support division. The strategic rationale for the move centers on the acquirer’s objective to broaden its technical operational depth to support the upcoming deployment of RNG and hydrogen systems in high-potential agricultural regions. By incorporating this technical specialist, the organization reinforces its ability to offer proprietary, software-enabled maintenance solutions that drive immediate earnings accretion. The partnership is designed to leverage the target’s established regional footprint and trained technician base to provide truly local support to dairy farmers, hog farmers, and municipalities.

AIR FLOW, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level LOGIN than the average currently observed in the Business Services sector (11.1x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in Business Services market trends

Target

Air Flow is a specialized technology organization dedicated to the distribution and maintenance of high-performance compressed air equipment. The entity’s business model is centered on a service-led framework, providing technical operational depth through preventative maintenance solutions, machine rentals, and comprehensive air energy system audits. Its value proposition is anchored in ensuring the operational efficiency and reliability of industrial air systems for a diverse set of agricultural, municipal, and industrial clients. Strategically, the firm focuses on the regional densification of its service footprint in North Carolina, a market with significant potential for renewable gas development. By maintaining a multidisciplinary team of service technicians, the organization ensures a mission-critical role in the lifecycle management of industrial gas compression. The entity prioritizes technical precision and energy analysis to facilitate the structural transition toward optimized industrial workflows and sustainable gas support.

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List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
Date	Acquirer	Target	Country	Sector	Deal Context
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09/2020	APPLUS+ GROUP	RELIABLE ANALYSIS	CHINA	Industrial Services	Applus+ has successfully finalized the acquisition of 100% of the share capital of a laboratory-based testing specialist, marking a significant reinforcement of its leadership in the electric vehicle (EV) testing segment
07/2020	PORTOBELLO CAPITAL	AGQ LABS	SPAIN	Industrial Services	The strategy behind this acquisition focuses on the AGQ Labs' international expansion and technological development. Despite the global market volatility at the time of closing, the partnership with Portobello Capital represents a significant milestone for the founders, providing the backing of a major institutional investor through its inaugural minorities fund
06/2020	ASTORG	NORMEC	NETHERLANDS	Industrial Services	Astorg entered into a definitive agreement to acquire absolute majority control of Normec from Summit Partners and the company's management team. This transaction marks a major secondary leveraged buyout, allowing the target to transition from a growth equity phase to a large-cap private equity platform
04/2020	CINVEN / ASTORG	LGC GROUP	UNITED KINGDOM	Industrial Services	A consortium led by Cinven and Astorg has acquired LGC Group from KKR. The transaction, which represents the first investment for Cinven's seventh fund. KKR, which acquired LGC in 2015 from Bridgepoint, reportedly achieved a 3x return on its investment following 15 bolt-on acquisitions and accelerated organic growth
02/2020	KILOUTOU	LOCAMODUL	FRANCE	Industrial Services	Kiloutou acquired Locamodul to strengthen its "Kiloutou Module" business unit. This acquisition allowed the group to integrate a specialized technical team and a high-quality fleet of modular units, primarily in the dynamic Savoie and Haute-Savoie markets
01/2020	BOELS RENTAL	CRAMO	FINLAND	Industrial Services	Boels launched a cash tender offer to acquire all shares of the listed Finnish group Cramo, as a strategic move to create a European leader with combined revenues of EUR1.3 billion and a network of over 750 depots
12/2019	CLAYTON, DUBILIER & RICE (CD&R)	SOCOTEC	FRANCE	Industrial Services	Clayton Dubilier & Rice has signed an agreement to acquire a significant minority stake in Socotec, taking over the positions previously held by Five Arrows and BIP Investment Partners. This transaction occurs alongside the existing majority shareholder, Cobepa, which has controlled the group since 2013
09/2019	ACCES INDUSTRIE	MATELEV	FRANCE	Industrial Services	Acces Industrie acquired its fellow French rental peer Matelev to broaden its technical expertise and regional footprint. This was the first external growth operation since Parquest Capital took control of Acces Industrie in 2017
09/2019	EQUISTONE	ACCES INDUSTRIE	FRANCE	Industrial Services	After a 2-year holding period, Parquest Capital mandated Canaccord Genuity to sell its majority stake. Under Parquest, the group's EBITDA doubled from EUR20M to EUR40M, driven by organic growth and two strategic acquisitions (Matelev and Novelis)

REFERENCES

Valuation range: EV 0M - 15M USD

Revenue range: 5M - 25M USD

EBITDA range: 0M - 5M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of AIR FLOW by XEBEC are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: air flow