Truelink Capital, a private equity firm, agreed to acquire air distribution technologies business from Johnson Controls, a producer of fire, HVAC, and security equipment for buildings. Financial term were not disclosed. "Air Distribution Technologies has been a leading player in the commercial HVAC space for over 75 years, and has consistently delivered innovative, high-quality products to its customers, demonstrating a strong track record of excellence. Our objective will be to expand the business through partnership with management in driving substantial commercial and operational improvements to strengthen Air Distribution Technology's market-leading position and better serve their customers. I wish to thank Johnson Controls for being a great transaction partner and for entrusting Truelink Capital with the Air Distribution Technologies business," Todd Golditch, Truelink Co-Founder and Managing Partner.