Resolute Industrial LLC

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Resolute Industrial LLC - overview

Established

2015

Location

-, IL, US

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

Resolute Industrial LLC, based in the US, excels in providing HVACR and Power solutions, specializing in compressor remanufacturing, manufacturing heating and cooling equipment, and offering rental services to meet diverse climate control needs. Resolute Industrial LLC operates within the HVACR and Power sectors, focusing on solutions for temperature control. The company, founded in 2015, is headquartered in Indianapolis, US. In December 2022, Aggreko plc acquired Resolute Industrial for USD 440.


00 mn from AE Industrial Partners, enhancing Aggreko's capabilities in the temperature control space. Michael McGraw serves as the CEO of the company. Resolute Industrial specializes in a comprehensive range of products and services within the HVACR and Power sectors. The company's core offerings include compressor remanufacturing, heater and air conditioner manufacturing, as well as providing rental solutions for chillers, air conditioners, dehumidifiers, and various power equipment.


These products are vital for addressing the climate control needs of industrial, commercial, and residential customers, solving issues related to heating, cooling, and air quality management. The company caters to a diverse client base that spans multiple geographical markets across North America, focusing on industries that require robust HVAC systems for operational efficiency and comfort. By expanding its product and service offerings, Resolute Industrial actively forges new partnerships while maintaining strong relationships with existing clients, thereby ensuring a comprehensive approach to their customers' needs. Resolute Industrial generates revenue through a combination of direct sales and rental agreements for its HVACR and Power solutions.


Transactions typically involve B2B engagements with industrial and commercial clients, where customers may purchase or lease equipment based on their specific requirements. This structure allows for flexibility in revenue generation, as clients can opt for long-term rentals or one-time purchases depending on their operational needs. The company’s flagship offerings, such as its remanufactured compressors and portable climate solutions, play a crucial role in its revenue model, providing customers with reliable and efficient equipment. Pricing strategies are tailored to meet the demands of various sectors, ensuring that Resolute Industrial remains competitive while delivering value to its clientele in the HVACR marketplace.


Looking ahead, Resolute Industrial plans to enhance its product line by designing new equipment tailored for specific customer needs. The company aims to expand into new markets beyond North America by 2025. The recent acquisition by Aggreko plc will facilitate these initiatives, as the additional resources and expertise will support the development of new products and market expansion efforts.


Current Investors

AE Industrial Partners

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Equipment Rental & Leasing, Heating, Cooling & Ventilation Equipment and Services

Website

www.resolute-industrial.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Resolute Industrial LLC - 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-on, Trade SaleCompletedResolute Industrial LLC-
Add-onCompletedRocky Mountain Portable Cooling, Inc.-
Add-onCompletedAll American Portable Air-
Add-onCompletedDriExpress Corp-
Add-onCompletedEmpire Holdings, LLC-

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