Financing comes in connection with private investment firm Ardian's recent acquisition of a majority stake in the supplier of design-assist engineering and manufacturers' representation services.
Used in general ventilation and air-conditioning systems, air-control devices include louvers, dampers, gravity ventilators, round spiral duct, and transverse duct connections.
Building projects seem poised to continue growing despite higher interest rates and higher costs, but signs of growing unease appear in one industry survey.