Transactions

Case Study

Specified Air
Industries:
Diversified Industrials
Description:
Specified Air, headquartered in is a multi-branded, commercial and industrial HVAC equipment manufacturer focused on providing end users with semi-custom, energy eficient solutions for their indoor air quality needs, including dehumidification, heating and cooling & ventilation products. The Company's diverse product offering is utilized in a range of niche market applications, including manufacturing facilities, warehouses, airport hangars, hotels, fitness facilities, retail stores and municipal and community centers.
Location:
Grand Rapids, MI
Ownership:
The Sterling Group
Transaction Type:
Sellside

Situation

BlackArch was engaged by the Company to serve as its exclusive financial advisor.

BlackArch's Customized Solution

The transaction serves as another example of BlackArch’s deep experience in serving clients within the Diversified Industrials sector and is representative of the firm’s focus on providing unique M&A advisory services to market-leading and sponsor-backed growth businesses.

Outcome

The Company will be a part of Madison Industries’ Indoor Air Quality segment and complement Madison’s suite of niche HVAC and indoor air quality solutions.