Novelaire Technologies - Ownership and Business Overview

ManufacturingCompany

Novelaire Technologies Ownership

Who owns Novelaire Technologies?

Novelaire Technologies is owned by Madison Industries. It was acquired on October 6, 2020.

Is Novelaire Technologies PE-backed?

Yes. Novelaire Technologies is owned by private equity investor Madison Industries.

Novelaire Technologies Business Overview

Where is Novelaire Technologies headquartered?

Novelaire Technologies is headquartered in Baton Rouge, Louisiana.

What sector is Novelaire Technologies in?

Novelaire Technologies is a manufacturing company.

When was Novelaire Technologies founded?

Novelaire Technologies was founded in 1998.

Manufacturing M&A Summary in 2020

Out of 60 sectors in the Mergr database, manufacturing ranked 9 in number of deals in 2020. The largest manufacturing acquisition in 2020 was Flender - which was acquired by The Carlyle Group for $2.0B.

Join Mergr to view all 244 acquisitions of manufacturing companies in 2020, including 79 acquisitions by private equity firms, and 165 by strategics.

Novelaire Technologies

Novelaire Technologies LLC

10132 Mammoth Avenue,
Baton Rouge, Louisiana 70814
United States,
(225) 924-0427
www.novelaire.com

Novelaire Technologies has been Creating the Great Indoors for more than 25 years by providing advanced humidity control equipment to hundreds of OEMs and thousands of other customers throughout the world. NovelAire manufactures energy conservation wheels and desiccant dehumidification wheels that are supplied to many of the major HVAC manufacturers. Novelaire Technologies was founded in 1998 and is based in Baton Rouge, Louisiana.


Company Summary

SECTOR

Manufacturing

Established

1998

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