SPX Corp. (NYSE: SPXC) is buying Cincinnati Fan & Ventilator Co. from New York private equity firm Dominus Capital LP.
“Cincinnati Fan has become a leading player in the air movement space,” said Bob Haswell, founding partner at Dominus. “Dominus was able to bring significant resources to professionalize the business and grow both organically and through acquisition. We completed two acquisitions, expanded capacity, and invested in new product development under our ownership.”
William Blair served as financial advisor, and White & Case LLP served as legal counsel for Cincinnati Fan. SPX was represented by BlackArch Partners LLC as financial adviser and Holland & Knight LLP as legal counsel.