Generational Equity Advises AirCare Automation on its Recapitalization by Falx Capital

By Generational Equity


Generational Equity, 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 Equity 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

Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.

With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.

The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit