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 around LOGIN lower than the 11.3x average currently observed in the Business Services sector.

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