Airedale serves a broad range of end markets including water treatment, chemical manufacturers, and food & beverage. The Company is a longstanding family-owned business, founded in 1973.
In December 2023, Pricoa Private Capital provided debt financing to complete a shareholder buyout, facilitating the exit of several retiring and passive shareholders, consolidating the shareholding of Chris Chadwick, Executive Chairman, and continuing members of the management team.
Pricoa was chosen as the financing partner to support Airedale given our long-term, relationship-focussed approach, ability to provide follow-on funding for M&A and growth projects, and our experience in supporting family-owned businesses in their ambitions.
We are excited to formalise our relationship with Airedale through this investment, and we look forward to continuing to support the business into the future.