M&A Deal Summary

Grizzly Acquires Air Design Systems

On July 1, 2025, Grizzly acquired construction company Air Design Systems

Acquisition Highlights
  • This is Grizzly’s 1st transaction in the Construction sector.
  • This is Grizzly’s 1st transaction in the United States.
  • This is Grizzly’s 1st transaction in Illinois.

M&A Deal Summary

Date 2025-07-01
Target Air Design Systems
Sector Construction
Buyer(s) Grizzly
Deal Type Add-on Acquisition
Advisor(s) TrueNorth Capital Partners (Financial)
Holland & Knight (Legal)

Target

Air Design Systems

Willow Springs, Illinois, United States
Air Design Systems specializes in delivering comprehensive mechanical and plumbing solutions, excelling in design-build, negotiated, and plan-and-specification projects. Air Design Systems was formed in 1977 and is headquartered in Willow Springs, Illinois.

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Buyer(S) 1

Buyer

Grizzly

New York, New York, United States

Category Company
Sector Construction
DESCRIPTION

Grizzly is a commercial mechanical, electrical, and plumbing platform focused on partnering with best-in-class founders and management teams. Grizzly is headquartered in New York, New York.


DEAL STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1