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AE Industrial Partners signed a definitive agreement to sell portfolio company Resolute Industrial, a North American provider of specialty HVAC&R rental services and compressor remanufacturing, to Aggreko for a transaction value of $440 million on a cash-free, debt-free basis.
“AEI entered into an agreement to sell all the outstanding equity interests on a cash free, debt free basis for a transaction value of $440 million.”smb.panews.com
Summarized from public sources; check the original articles before acting on it.