Truelink Capital completed the acquisition of air distribution technologies business from Johnson Controls.

Truelink Capital, a private equity firm, completed the acquisition of air distribution technologies business from Johnson Controls, a producer of fire, HVAC, and security equipment for buildings. Financial term were not disclosed. "Truelink is committed to bolstering Air Distribution Technologies' position as an industry leader and continuing its heritage of success. We are excited to partner with Doug and his leadership team to make strategic investments that will drive growth and innovation. We strongly believe in the business, its employees and partners and are thrilled to collaborate to help the business reach its potential," Todd Golditch, Truelink Co-Founder and Managing Partner.