PX3 Partners backs UK clean-air maker Purified Air for US push

What's the deal? Purified AirDealroom has a profile for this one. Try Dealroom →, a family-owned air filtration manufacturer based in Romford, Essex, has taken growth equity investment from London-headquartered private equity firm PX3 PartnersDealroom has a profile for this one. Try Dealroom →. Advisory firm AffiniaDealroom has a profile for this one. Try Dealroom → acted as sell-side adviser to the shareholders, with its Deal Advisory team led by Adam Croft.

What does the company do? Founded in 1984, Purified Air designs, manufactures, and services air filtration and odour-control systems. Its technology treats smoke, grease, and odours from commercial kitchen extraction and captures airborne contaminants in manufacturing and engineering facilities.

What's the endgame? The investment will fund international growth, including expansion in the US. Purified Air already serves customers across the UK, Europe, and the Middle East.

Why PX3? The pan-European firm invests across sectors including industrials, where Purified Air sits as a clean-air technology specialist.

Croft said the deal would let the company "accelerate their growth plans," adding that Affinia looks forward to watching the team and PX3 "establish Purified Air as the international leader in commercial kitchen air quality."

The signal: The transaction points to steady private equity appetite for niche industrials with clean-air and emissions-control credentials. For a decades-old family business, outside capital marks a shift from regional supplier to would-be international player.

Read more: insidermedia.com

Image credit: Generated with Gemini