Action Air Acquisition | Industrials Deal in CT

Private equity has completed the Action Air acquisition, a HVAC business in Connecticut, for $270 million. Action Air provides heating, ventilation, and air conditioning services for commercial and residential customers, supporting industrial and facility maintenance needs in CT. The hvac acquisition fits industrials M&A strategy by adding HVAC capabilities through a CT acquisitions add on acquisition approach. The deal is structured as an add on acquisition within industrials deals CT, with a private equity acquisition thesis focused on scaling service coverage across Connecticut.