About AIR-serv Group
AIR-serv Group specializes in revenue-generating equipment for the retail sector, focusing on tire inflation and vacuum technology. The company provides installation, maintenance, and operational management of advanced tire inflation machines, which auto-calibrate air pressure for customer convenience. AIR-serv primarily serves convenience stores, gas stations, and car washes, enhancing their profitability with additional revenue streams. It was founded in 1981 and is based in Mendota Heights, Minnesota.
Latest AIR-serv Group News
May 16, 2013
Pamplona Capital Management Creates CSC ServiceWorks May 16, 2013 By Angela Sormani Pamplona Capital Management has acquired Coinmach Service Corp, a multi-family laundry service provider, and AIR-serv Group, a provider of pay air services for automobile tire inflation in North America. The acquisitions, with a transaction value of $1.4 billion, creates a new company, CSC ServiceWorks, Inc. PRESS RELEASE Coinmach is the largest supplier of outsourced laundry equipment services for multi-family housing properties in the United States. The company services approximately seven million individual housing units in 45 states. AIR-serv, which provides pay air services to gas stations and convenience stores, will become a wholly owned subsidiary of CSC and maintain the brand name AIR-serv in select markets. CSC will have a workforce of over 2,250 dedicated professionals, and will service nearly 1 million air and laundry systems throughout North America and Europe. Robert M. Doyle, Chief Executive Officer of CSC, will lead the new company along with the existing management team from AIR-serv. The transaction was financed by a $795 million first lien term loan, as well as a $325 million second lien term loan that was fully underwritten by Pamplona. “Pamplona is excited to partner with Bob Doyle and his world-class team. With the combined company’s new and flexible capital structure, we look forward to supporting the company’s growth strategy, including future acquisitions, in both the laundry and air service lines” said Robert Warden, partner at Pamplona Capital Management. “We are thrilled to partner with Pamplona in launching CSC ServiceWorks,” said Robert M. Doyle, CEO. “Through this partnership, and with the addition of AIR-serv, we are able to accelerate our vision of building a world-class, diversified, route based service organization. We are excited to offer our customers a single, fully integrated platform combining the resources of two respected industry leaders with distinct yet complementary attributes.” © 2015 Buyouts Insider / Argosy Group LLC
AIR-serv Group Frequently Asked Questions (FAQ)
When was AIR-serv Group founded?
AIR-serv Group was founded in 1981.
Where is AIR-serv Group's headquarters?
AIR-serv Group's headquarters is located at 1370 Mendota Heights Road, Mendota Heights.
What is AIR-serv Group's latest funding round?
AIR-serv Group's latest funding round is Acq - Fin - II.
Who are the investors of AIR-serv Group?
Investors of AIR-serv Group include Pamplona Capital Management, Teachers Private Capital, Antares Capital Corporation, NatWest, Northwestern Mutual and 4 more.
Who are AIR-serv Group's competitors?
Competitors of AIR-serv Group include Fuel & Tire Saver Systems and 7 more.
Compare AIR-serv Group to Competitors
Puump! specializes in on-site tire inflation solutions for businesses, focusing on fleet management and employee safety within the automotive service industry. The company offers services that ensure proper tire maintenance, which helps reduce fuel consumption and CO2 emissions, while enhancing the safety of employees. Puump! primarily caters to fleet managers and human resources departments, providing them with tools for the small, routine maintenance of their vehicle fleets. It was founded in 2017 and is based in France.
Blaze Systems specializes in laboratory information management systems (LIMS) within the software industry. The company offers a comprehensive suite of LIMS solutions designed to automate laboratory operations, manage resources, and ensure regulatory compliance. Blaze Systems primarily serves sectors such as biotechnology, clinical labs, manufacturing, and pharmaceuticals. It was founded in 1991 and is based in Newark, Delaware.
Fuel & Tire Saver Systems specializes in tire pressure management and optimization for various vehicle types within the transportation sector. The company offers a patented nitrogen inflation service that enhances tire performance, improves fuel economy, and extends tire life, while also prioritizing vehicle safety and environmental sustainability. Fuel & Tire Saver Systems primarily serves sectors such as package delivery, pupil transport, corporate and government fleets, and heavy-duty trucking. It was founded in 2015 and is based in Sterling, Virginia.
Mister Auto is an online car parts company. The company offers products such as engine oils, wiper blades, tyres, air conditioning, and wiper blades. It was founded in 2008 and is based in Villeurbanne, France.
Kryosphere is a full-service biorepository company operating in the biotechnology industry. The company's main services include managing, storing, and transporting biological and pharmaceutical materials, as well as providing cold chain logistics, clinical trial management, and stability storage services. Kryosphere primarily serves sectors such as academia, biopharmaceuticals, bioagriculture, and clinical research. It was founded in 2007 and is based in Durham, North Carolina.
J. Lamarck is a company that offers advisory services to private individuals, companies and pension funds who want to invest in the biotechnology sector.nThe company offers a high quality service and its analyst provide professional assistance to people who want to diversify a part of their portfolio in this emerging industry. Because of the nature of biotechnology investments, the company believe it is important that users work with specialists to define their portfolio strategy. Generally, specialists do things better.nOver the next few years the company will be witness of astonishing progress in health care and medicine, the company will be able to fight and cure diseases like AIDS and cancer finally. The company will also find solutions to clean up the environment and new crops that don't need pesticide. These new products will obviously boost the visibility of the companies that were at the beginning of this process on the stock market and consequently create great opportunity for it's shareholders.nJ. Lamarck wants to be their partner in this great venture.