Le Lézard
Subject: Merger/Acquisition

Rensa Filtration Announces Multiple Acquisitions


Rensa Filtration, a manufacturer and distributor of consumable, mission-critical air filtration products, announced today that it has acquired several businesses that provide distribution, sales and service of air filters to commercial and industrial customers and end-users in California, Illinois, New York and Arizona.

The four companies joining Rensa are Air Filter Supply, Air Filter Engineers, R.P. Fedder, and Dave Downing & Associates. Terms of the transactions are not disclosed.

"I am pleased to announce this new chapter of growth as we continue our journey to become a leading provider of air filtration products and services," said Brandon Ost, Rensa's founder and CEO. "The addition of sales, service and distribution operations and their world class sales and service teams in these key regions enables Rensa to provide our air filters and filter change services to contractors and end-users in demanding education, healthcare, high-tech manufacturing and data center applications."

"Our business is experiencing strong growth being part of Rensa Filtration," commented Eli Brink, founder and President of Air Filter Supply. "Our locations throughout California will now have access to Rensa's broad portfolio of leading air filtration technologies, from high efficiency filters for healthcare and research facilities to Rensa's D-Mark® brand of activated carbon filters that help protect against odors and pollution caused by industrial activity and wildfires."

"Our most demanding healthcare customers have recently tested and qualified Rensa's air filters and confirmed their filtration performance and lower energy operating cost," said John DiBuono, who together with Greg Bonelli, owned and continue to lead Air Filter Engineers. "Our employees and our customers appreciate that we now have a direct relationship to Rensa's filter production facilities and engineers and now have direct access to the new products and innovation coming from Rensa's R&D team."

Rensa Filtration will be exhibiting at the AHR Expo in Chicago January 22-24, 2024 at Booth N1134.

ABOUT RENSA FILTRATION:

Rensa is a leading manufacturer and distributor of air filtration products and now operates ten manufacturing sites and several sales, service and distribution centers across North America. Rensa offers a wide range of standard and customized HVAC filtration products that provide best-in-class filtration performance and energy savings in education, healthcare and high-tech manufacturing facilities. Rensa also offers specialized air filtration solutions for data centers and activated carbon filters for removal of odors and molecular contamination in museums, airports, and healthcare facilities. For more information, visit www.RensaFiltration.com

ABOUT AUDAX PRIVATE EQUITY

Based in Boston and San Francisco, Audax Private Equity is a leading middle market, growth-oriented investment firm with approximately $19 billion of assets under management, over 250 employees, and 100-plus investment professionals. Since its founding in 1999, the firm has invested in more than 170 platforms and 1,250 add-on acquisitions. Through our disciplined Buy & Build approach, across six core industry verticals, Audax helps portfolio companies execute organic and inorganic growth initiatives that fuel revenue expansion, optimize operations, and significantly increase equity value. For more information, visit www.audaxprivateequity.com or follow us on LinkedIn.



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