Gryphon-backed AirX Climate Solutions completed the acquisition of AboveAir Technologies.

Gryphon-backed AirX Climate Solutions, a full-service, specialty HVAC solutions provider, completed the acquisition of AboveAir Technologies, a specialty HVAC player focused on the data center market. Financial terms were not disclosed. "We're excited to welcome AboveAir President Matt Miller and his team to ACS. We look forward to partnering with them to further enhance the strong business they have developed. We will build upon AboveAir's strategic and market strengths in data centers while leveraging ACS's expertise and resources to accelerate growth, as we have with our other HVAC specialty brands. Adding AboveAir to our portfolio of companies will make us all stronger as we continue to focus on delivering cooling solutions for mission-critical equipment," Rick Aldridge, ACS CEO.