Private equity firm acquires Airsan

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Cross Creek Partners, LLC, a private equity firm with a focus on manufacturing and distribution companies in the upper Midwest, has acquired Airsan Corp., a Milwaukee-based manufacturer of permanent filters.
โ€œWeโ€™re pleased to add Airsan to our portfolio,โ€ says Randall Perry, founder of Milwaukee-based Cross Creek Partners. โ€œAirsan has an excellent reputation as a high quality designer and producer of filters for the industrial and HVAC markets. They have a great team of employees and a strong and loyal customer base. We look forward to supporting Airsan in their continued growth and success.โ€
Airsan manufactures both permanent metal and dry type air filters for a range of applications, including filtration products in the defense, wind turbine, waste treatment, electric motor and cogeneration markets.
โ€œAirsan products are shipped worldwide to OEMs (original equipment manufacturers) and distributors for a number of applications in the filtration market,โ€ said Kurt Glaisner, vice president and co-owner of Airsan prior to the acquisition. โ€œWith the support of Cross Creek Partners and the increased demand for cleaner air, Airsanโ€™s future looks very promising.โ€
โ€œWith the experience, guidance and resources that Cross Creek Partners is able to provide, Airsan will be able to continue to grow and move forward,โ€ agrees Arlin Ratajczak, president and owner of Airsan for more than 30 years prior to the acquisition. โ€œI am confident that Airsan, its employees and customers will be in very good hands.โ€
โ€œWe plan to embrace Airsanโ€™s strengths by continuing to deliver quality products and service to their existing customer base,โ€ Perry said. โ€œAt the same time we will look at leveraging their brand and reputation by exploring tangential markets.โ€

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