Air Relief LLC
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Air Relief LLC - overview
Established
1985
Location
Mayfield, KY, US
Primary Industry
Business Support Services
About
Air Relief LLC provides specialized services for centrifugal air compressors, focusing on performance optimization and extending equipment lifespan. The company caters to industrial clients, ensuring high efficiency and reliability in air compression operations. Air Relief LLC specializes in centrifugal air compressor services, including maintenance and parts supply. Founded in 1985 in Mayfield, US, the company was acquired by Pelican Energy Partners in July 2016 from Gardner Denver, Inc.
Wayne Krieger is the CEO. Air Relief LLC offers comprehensive services for centrifugal air compressors, including airend overhauls, complete system exchanges, and a wide range of OEM-quality parts like synthetic lubricants and bearings. Their services are designed to minimize downtime, featuring 24/7 emergency services and tailored maintenance programs, primarily serving industrial operations across North America, with plans for international expansion. Air Relief LLC generates revenue through service agreements and parts sales for centrifugal air compressors, engaging in direct B2B transactions.
Clients typically enter preventative maintenance contracts or request on-demand services, contributing to predictable income. The firm's TurboGuardian service, a cloud-based system for compressor monitoring, plays a key role in their revenue structure, with financial transactions structured around fixed service packages or a la carte pricing. Air Relief LLC aims to enhance its market presence by expanding into international territories utilizing centrifugal air compressor technology. The company is in the design phase for new products to enhance its service offerings; specific release dates are not provided.
Following the acquisition by Pelican Energy Partners in July 2016, the company is expected to utilize resources from this transaction to support these growth initiatives.
Current Investors
Pelican Energy Partners
Primary Industry
Business Support Services
Sub Industries
Engineering, Facilities & Maintenance Services, Education & Training Services
Website
www.airrelief.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Air Relief LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Epic International, LLC | - | ||||||||
| Buyout | Completed | Air Relief LLC | - |
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