M&A Deal Summary

Rite-Hite Acquires Zoo Fans

On August 24, 2021, Rite-Hite acquired manufacturer Zoo Fans

Acquisition Highlights
  • This is Rite-Hite’s 1st transaction in the Manufacturing sector.
  • This is Rite-Hite’s 1st transaction in the United States.
  • This is Rite-Hite’s 1st transaction in Colorado.

M&A Deal Summary
Date 2021-08-24
Target Zoo Fans
Sector Manufacturing
Buyer(s) Rite-Hite
Deal Type Add-on Acquisition
Advisor(s) SLATE Partners LLC (Financial)
Fredrikson & Byron (Legal)

Target

Zoo Fans

Boulder, Colorado, United States
Zoo Fans is a manufacturer of innovative fans and smart controls. The company's offering includes proprietary small destratification fans and control systems as well as large diameter, high-volume, low-speed fans and JetVent fans provided through a strategic partnership with Fantech PTY. Zoo Fans' products offer competitive pricing, unparalleled performance, and innovative controls that deliver energy cost savings and noticeably improve comfort in the Zone Of Occupancy. Its intelligent control systems include proprietary automatic controls that can operate independently or fully integrate into building automation systems. The Company serves a variety of end markets, including warehouse/distribution, industrial, government, grocery, education, and commercial spaces, as well as parking garages for mixed-use, apartment, and small-to-very-large commercial installations. Zoo Fans was founded in 2010 with operations in Olathe, Kansas, and Boulder, Colorado

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Buyer(S) 1

Buyer

Rite-Hite

Milwaukee, Wisconsin, United States
Category Company
Sector Manufacturing
DESCRIPTION

Rite-Hite is involved in the manufacture, sale, and service of loading dock equipment, industrial doors, safety barriers, HVLS fans, industrial curtain walls, and more - all designed to improve safety, security, productivity, energy savings, and environmental control. Rite-Hite is based in Milwaukee, Wisconsin.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

Product

Company

Legal