HealthWay has been sold to AE Industrial Partners
HealthWay is a market-leading provider of air purification and indoor air quality (IAQ) solutions primarily for commercial and residential environments, spanning a single room (100 square feet) up to an entire building (1 million+ square feet). The company’s patented, commercially proven and independently validated disinfecting filtration system (DFS) is currently used in portable, standalone units and full building, in-line, air purification systems. Every portable unit is independently tested by an IAQ expert for total system efficiency to ensure it meets and exceeds the high-efficiency particulate air industry standard (the ability to remove 99.97% of any airborne particles with a size at .3 microns or larger). HealthWay brings its air purification solutions to market under three brands, HealthWay, Intellipure and Pure Wellness, with each brand going to market independently and targeting unique customers and verticals.
HealthWay’s differentiated technology promotes the health and wellness of humankind by purifying and improving indoor air quality. The company’s solutions provide a rare combination of industry-leading efficacy and compelling energy efficiency economics and paybacks. HealthWay serves its diversified customer base through strategic distribution partnerships and a global operating footprint. HealthWay was founded in 2004 and is headquartered in Pulaski, New York. For more information, please visit www.healthway.com.
AE Industrial Partners is a private equity firm specializing in aerospace, defense and government services, space, power generation and specialty industrial markets. AE Industrial Partners invests in market-leading companies that can benefit from its deep industry knowledge, operating experience and relationships throughout its target markets. AE Industrial Partners is a signatory to the United Nations Principles for Responsible Investment and the ILPA Diversity in Action initiative. Learn more at www.aeroequity.com.
Lincoln acted as financial advisor to HealthWay, working closely with the management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, due diligence and negotiation phases of the transaction. Terms of the transaction were not disclosed.
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