Nortek Air - M&A Summary, Ownership, and Business Overview

ManufacturingCompany

Nortek Air M&A Summary

Nortek Air has acquired 10 companies of its own. It has also divested 1 asset.

Nortek Air’s largest acquisition to date was in 2014, when it acquired Thomas & Betts HVAC Business for $260M. Nortek Air has acquired in 8 different US states, and 3 countries. The Company’s most targeted sectors include building materials (10%) and consumer products (10%).

Nortek Air Ownership

Who owns Nortek Air?

Nortek Air is owned by Madison Industries. It was acquired on April 19, 2021.

Is Nortek Air PE-backed?

Yes. Nortek Air is owned by private equity investor Madison Industries.

Was Nortek Air formerly PE-backed?

Yes. Nortek Air was formerly owned by 2 private investors.

Nortek Air Business Overview

Where is Nortek Air headquartered?

Nortek Air is headquartered in O’Fallon, Missouri.

What sector is Nortek Air in?

Nortek Air is a manufacturing company.

When was Nortek Air founded?

Nortek Air was founded in 1977.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity10
    • M&A Sell Activity1
  • Total Sectors Invested 10
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 5

Nortek Air

Nortek Air

8000 Phoenix Parkway,
O’Fallon, Missouri 63368
United States,
www.nortekair.com

Nortek Air is a diversified manufacturer of world-class products spanning custom and commercial air solutions for high-performance environments, residential and commercial HVAC, and fresh air ventilation systems for homes. Nortek Air was founded in 1977 and is based in O’Fallon, Missouri.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 10 - - - - - 10
vol $395M $395M
Sell (0.2/yr) # - 1 - - - - 1
  11

Most Recent M&A

Company Date Value Type
Broan-Nutone LLC 2020-04-20 - Divestiture
Hartford, Wisconsin · www.broan-nutone.com
Nuiku, Inc. 2016-05-24 - Add-on Acquisition
Redmond, Washington · www.nuiku.com
MiOS Ltd. 2016-04-05 - Stake Purchase
Causeway Bay, China · www.mios.com
Anthro Corporation 2015-01-21 - Add-on Acquisition
Tualatin, Oregon · www.anthro.com
Phoenix Wholesale - HVAC Equipment Distribution Business 2014-10-08 - Divestiture
Surprise, Arizona
Thomas & Betts HVAC Business 2014-04-30 260M USD Divestiture
, United States
2GIG Technologies, Inc. 2013-02-14 135M USD Divestiture
Lehi, Utah · www.2gig.com
TvOne Broadcast Sales Corp. 2011-05-16 - Add-on Acquisition
Cincinnati, Ohio · www.tvone.com
Napco, Inc. 2004-02-12 - Add-on Acquisition
Sparta, North Carolina · www.napcousa.com
ELAN Home Systems LLC 2003-01-17 - Add-on Acquisition
Lexington, Kentucky · www.elanhomesystems.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Consumer Products 1 (10%) - 1 (100%) -
Building Materials 1 (10%) 260M (66%) - -
Distribution 1 (10%) - - -
Furniture 1 (10%) - - -
Internet Software and Services 1 (10%) - - -
Manufacturing 1 (10%) - - -
Media 1 (10%) - - -
Packaging 1 (10%) - - -
Safety/Security 1 (10%) 135M (34%) - -
Software 1 (10%) - - -
Total 10 $395M 1 -

By Geo

State/Country Buy Value Sell Value
United States 8 395M 1 -
  Washington 1 - - -
  Utah 1 135M - -
  Oregon 1 - - -
  Ohio 1 - - -
  North Carolina 1 - - -
  Kentucky 1 - - -
  Arizona 1 - - -
  Wisconsin - - 1 -
China 1 - - -
United Kingdom 1 - - -
Domestic 8 (80%) 395M (100%) 1 (100%) -
Cross-border 2 (20%) - - -
Total 10 $395M 1 -

Deal Values

buy # Total
$100M to $1B 2 $395M
TOTAL $395M
Largest Thomas & Betts HVAC Business
$260M (2014-04-30)

M&A Connections

Deals
Acquired from
Strategic(s)
40%
4 (40%)
Divested to
Investor(s)
100%
1 (100%)

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