
Generational Group Advises AirCare Automation on its Recapitalization by Falx Capital
By Generational Group
04/14/2022
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the recapitalization of its client AirCare Automation, Inc. by Falx Capital LLC. The transaction closed March 31, 2022.
AirCare Automation (ACA), located in San Antonio, Texas, is a leading supplier of cleanroom Fan Filter Unit (FFU) Control Systems for regulated air-control environments. Established in 2003, the Company has increasingly combined expertise in AC motor speed control, ECM fan motor interfaces, and Cleanroom Control Systems (Consoles and environmental sensors) to provide a total support package for monitoring and controlling Cleanroom Environments. Originally established as a controls supplier to downstream OEM FFU markets, in the past several years the Company has evolved its services to include complete controls and system integration packages to new and existing sites.
Located in Denver, Colorado, Falx Capital is a private investment firm focused on healthcare and near-adjacent businesses in the lower middle market. They partner with existing management teams or bring in new management to build upon the legacy of a business and provide flexible capital solutions to its owners. By leveraging their professional experience and established industry network, they are able to provide differentiated insights and best practices to create long-term value for all stakeholders.
Generational Group Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team, led by Sr. Managing Director Mergers & Acquisitions, Fred Zweifel, with support by Sr. Managing Director – Western Region, Lori Galloway, closed the transaction. Executive Managing Director Tom Braun established the original relationship with ACA.
About Generational
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.