# AE Industrial Partners agrees to sell Resolute Industrial to Aggreko for $440 million

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.

- Type: Acquisition
- Announced: 2022-12-28
- Where: United States
- Value: $440.0M
- Status: announced
- Products: HVAC&R rental services, compressor remanufacturing
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Resolute Industrial](https://endata.com/companies/1888.md) (target)
- [AE Industrial Partners](https://endata.com/companies/10069.md) (partner)
- [Aggreko](https://endata.com/companies/10070.md) (acquirer)

## Sources

- [smb.panews.com](https://smb.panews.com/article/AE-Industrial-Partners-Sells-Resolute-Industrial-to-Aggreko/63ac5e0faaf944db5d493006), 2022-12-28: "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."

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