Ingersoll-Rand (IR) Acquires SSI Aeration

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Ingersoll Rand Continues Momentum on Inorganic Growth in 2025

February 3, 2025 4:30 PM EST

Acquisition extends companys capabilities in wastewater treatment, a key high-growth, sustainable end marketEnables Ingersoll Rand to provide more comprehensive wastewater treatment solutions, allowing for greater energy efficiency and increased productivity for customersCreates opportunities to accelerate topline growth through access to municipal marketsAttractive purchase multiple of approximately 10x 2024E Adjusted EBITDA

DAVIDSON, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, has acquired SSI Aeration, Inc. and its subsidiaries (collectively SSI) to... More