On August 25, 2026, Madison Air Solutions Corporation entered into a Securities Purchase Agreement to sell approximately $2.25 billion worth of Class A common stock in a private placement at $24.97 per share. The transaction involves the issuance of 90,108,130 shares to institutional investors and insiders Larry Gies ($300 million) and Madison Solutions LLC ($320 million). Proceeds are designated to fully fund the equity portion of the company's $5 billion acquisition of ebm-papst Mulfingen GmbH & Co. KGaA & Co. KG, expected to close on September 1, 2026. The deal includes registration rights and lock-up agreements for insider shares until one year post-closing. Madison Air Solutions Corporation is an air quality solutions provider serving commercial and residential markets.

On August 15, 2026, Madison Air Solutions Corporation entered into a Sale and Purchase Agreement to acquire ebm-papst Mulfingen GmbH & Co. KGaA and its subsidiaries for an enterprise purchase price of EUR 4,775.0 million (approximately USD 5.4 billion). The transaction includes a locked-box mechanism with a base price of EUR 4,367.0 million plus interest, resulting in estimated cash consideration of approximately EUR 4,412.0 million at closing. Madison Air secured an equity commitment of up to EUR 1,300.0 million from Madison Solutions LLC and debt financing commitments from UniCredit and Wells Fargo. The acquisition is expected to close by December 31, 2026, subject to regulatory approvals including EU Foreign Subsidies Regulation clearance. Madison Air operates in the air quality solutions industry, providing HVAC/R products and services.

Madison Air Solutions reported second quarter 2026 net sales of $991.3 million, a 21% increase year-over-year, and net income of $70.5 million, up 129%. Adjusted EBITDA reached $265.8 million, an 18% rise, while free cash flow totaled $89.6 million. The company raised its full-year 2026 pro forma net sales guidance to a range of $3,825 to $3,925 million and adjusted EBITDA guidance to $1,020 to $1,065 million. Madison Air completed its IPO in April 2026, generating $2,584.2 million in net proceeds used to repay debt, reducing net leverage to 2.8x. The firm operates as a global provider of air quality solutions for commercial and residential markets.

Madison Air Solutions Corporation appointed David M. Wisniewski to the position of Chief Accounting Officer, effective June 17, 2026. Mr. Wisniewski will receive an annual base salary of $355,000 and an equity appreciation rights award valued at approximately $700,000 vesting in 2031. Michael Kenning will step down from his interim role. Madison Air Solutions Corporation operates in the air solutions industry and provides air-related products and services.