Aire Rite Air Conditioning and Refrigeration, Inc.
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Aire Rite Air Conditioning and Refrigeration, Inc. - overview
Established
1972
Location
Huntington Beach, CA, US
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Based in California, US, and founded in 1972, Aire Rite Air conditioning and refrigeration, Inc operates as a heating, ventilation, air conditioning, and refrigeration company that primarily offers repair, maintenance, and installation services to commercial customers. The company was founded by Carol and Punky Langston (CEO). In January 2023, CMS/Nextech, LLC, a portfolio company of Audax Group, acquired Aire Rite Air Conditioning and Refrigeration, Inc. The company offers various services for its clients.
It offers for the needs of commercial and residential operations and supports equipment sales, leasing, and emerging technologies. The service and maintenance services offered by the firm include HVAC, refrigeration, cooking, and non-mechanical services and Parts, installation, and optimization for commercial and residential. The firm also provides digital eyes, advanced control systems, and efficiency solutions.
Current Investors
CMS/Nextech, LLC
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Facilities & Maintenance Services, Heating, Cooling & Ventilation Equipment and Services
Website
www.airerite.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Aire Rite Air Conditioning and Refrigeration, Inc. - 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 | Completed | Aire Rite Air Conditioning and Refrigeration, Inc. | - |
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