Precision Air Technology, Inc.

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Precision Air Technology, Inc. - overview

Established

1994

Location

Morrisville, NC, US

Primary Industry

Business Support Services

About

Founded in 1994 and based in North Carolina, US, Precision Air Technology, Inc. operates as a testing and certification company. Scott Ahrens is the founder and president of the company. In April 2023, Technical Safety Services LLC, a portfolio company of Levine Leichtman Capital Partners, acquired Precision Air Technology, Inc.


As of 2023, the company’s clients include the American Red Cross, Wake Forest University, Baylor University, Duke University, Purdue, and others. The company provides a line of products, including HEPA filters, HVAC air filters, retrofits, and installations. The firm offers services such as cleanroom certification, microbial testing, testing, adjusting, and balancing containment equipment, lab equipment testing services, and an Ashrae 110 fume hood test. Precision serves industries including pharmaceutical, biomedical, medical device, engineering, and cleanroom design and build.


Current Investors

Technical Safety Services LLC

Primary Industry

Business Support Services

Sub Industries

Facilities & Maintenance Services, Consumer Services, Heating, Cooling & Ventilation Equipment and Services

Website

www.precisionairtechnology.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Precision Air Technology, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedPrecision Air Technology, Inc.-

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