# AAON completes acquisition of BasX Solutions

AAON, Inc. completed the acquisition of BasX Solutions, a manufacturer of custom cooling solutions for data centers and cleanrooms, on December 10, 2021. The upfront payment was $100 million, with potential earn-out payments up to $80 million and a separate real estate purchase for $22 million.

- Type: Acquisition
- Announced: 2021-12-10
- Where: Redmond, Oregon, United States
- Value: $100.0M
- Status: completed
- Products: cooling solutions, air handlers, modular solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [AAON](https://endata.com/companies/5217.md) (acquirer)
- [BasX Solutions](https://endata.com/companies/59053.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/12/13/2350645/0/en/aaon-announces-acquisition-of-basx-solutions.html), 2021-12-13: "AAON, Inc. today announced it completed the acquisition of BasX, LLC, dba BasX Solutions on December 10, 2021."
- [achrnews.com](https://www.achrnews.com/articles/162078-aaon-acquires-basx-solutions), 2021-12-28: "AAON Inc., a manufacturer of HVAC products for nonresidential buildings, completed the acquisition of BasX, LLC, dba BasX Solutions on Dec. 10, 2021."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.