On February 10, 2022, Pinnacle Climate Technologies (“Pinnacle Climate”) acquired the assets of Pura Air Purification (“Pura Air”), Inc., a manufacturer of indoor air quality (IAQ) solutions. Pinnacle Climate saw an increased demand for indoor air quality product solutions in 2021, with the growing concern over COVID-19. Pura Air’s technology is designed to integrate seamlessly into an interior space, increase the air-changes per hour without modifications to the existing HVAC system, and remove and sterilize 99.99% of viruses such as COVID-19, hepatitis A, influenza, and rotavirus.
Pura Air products will be rebranded as part of the Schaefer portfolio and be assembled in the U.S. at the Sauk Rapids facility.
Pinnacle Climate is a U.S.-based provider of ventilation and climate control product solutions to industrial, commercial, and retail segments.
Miller Thomson advised Pinnacle Climate with a team led by Max Spearn (Corporate/M&A) and comprised of Colleen Ma, Ron Choudhury (Corporate Tax), Amanda Robertson (Financial Services), and Michelle McGillivray (Employment).
Our Mergers & Acquisitions (M&A) Group is a multi-jurisdictional and multi-disciplinary team of lawyers with experience on all types of transactions, advising on due diligence to post-closing integration. With expertise in a wide breadth of industries including Technology, Manufacturing, Healthcare, Life Sciences, and Transportation, we help clients close their business deals efficiently and effectively. Learn more about our full suite of legal services.
