M&A Deal Summary

Purgo Holdings Acquires Air and Liquid Systems

On May 20, 2022, Purgo Holdings acquired manufacturer Air and Liquid Systems

Acquisition Highlights
  • This is Purgo Holdings’ 2nd transaction in the Manufacturing sector.
  • This is Purgo Holdings’ 3rd transaction in the United States.
  • This is Purgo Holdings’ 1st transaction in Michigan.

M&A Deal Summary
Date 2022-05-20
Target Air and Liquid Systems
Sector Manufacturing
Buyer(s) Purgo Holdings
Deal Type Add-on Acquisition

Target

Air and Liquid Systems

Rochester Hills, Michigan, United States
Air and Liquid Systems is a manufacturer and distributor of industrial filtration equipment and systems used in pre-treatment and paint processing applications. Air and Liquid Systems is based in Rochester Hills, Michigan.

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Buyer(S) 1

Buyer

Purgo Holdings

United States
Category Company
Sector Business Services
DESCRIPTION

Purgo Holdings is focused on building a platform of filtration and separation technologies in high-growth water and infrastructure and process filtration and separation markets. Purgo Holdings is based in the United States.

DEAL STATS #
Overall 3 of 4
Sector (Manufacturing) 2 of 2
Type (Add-on Acquisition) 3 of 4
State (Michigan) 1 of 1
Country (United States) 3 of 4
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-17 Steri Technologies

Bohemia, New York, United States

Steri Technologies is a manufacturer of filtration systems for the chemical and pharmaceutical industries. Steri Technologies was founded in 1988 and is based in Bohemia, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-26 Superior

Fort Wayne, Indiana, United States

Superior is a manufacturer of chemical-free, magnetic water conditioning systems used to reduce scale in residential, commercial, and industrial applications. Superior is based in Fort Wayne, Indiana.

Buy -
Mergr

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