Cleanova acquired Airflotek and TES Clean Air Systems on January 8, 2026, to consolidate its presence in cleanroom environments for stringent air-quality requirements industries.
| Acquirer | Cleanova (US) |
|---|---|
| Target | Airflotek and TES Clean Air Systems (US) |
| Deal Value | Undisclosed |
| Type | Acquisition |
| Close Date | January 8, 2026 |
| Announcement Date | January 8, 2026 |
| Buy-Side Advisors | Exit Strategies Group, Perkins Coie |
| Sell-Side Advisors | Not disclosed |
| Legal Buy-Side Advisors | Debevoise & Plimpton, Perkins Coie |
| Legal Sell-Side Advisors | Not disclosed |
The acquisition of Airflotek and TES Clean Air Systems by Cleanova aims to enhance the company’s capabilities in serving industries such as semiconductor manufacturing, pharmaceuticals, and biotechnology. Both Airflotek and TES Clean Air Systems are well-established players in the cleanroom environment sector, with Airflotek founded in 1993 and TES Clean Air Systems established in 1986.
Deal Mechanics
The transaction was facilitated by Exit Strategies Group as the exclusive M&A advisor to both Airflotek and TES. The deal specifics were not disclosed, but it is clear that Cleanova intends to leverage Airflotek's design and manufacturing capabilities alongside TES Clean Air Systems' extensive distribution network.
Strategic Rationale
Cleanova's acquisition of Airflotek and TES Clean Air Systems reflects the company’s strategic focus on expanding its filtration portfolio. This move will enable Cleanova to address growing demand in high-purity air quality control applications within critical industries like semiconductor manufacturing, pharmaceuticals, and biotechnology.
Financial Context
The deal value remains undisclosed as of January 8, 2026. Exit Strategies Group led the transaction process on behalf of Airflotek and TES Clean Air Systems, emphasizing their commitment to serving North American industrial technology firms through M&A advisory services.
Advisors
The acquisition was advised by Exit Strategies Group for the sell side and Perkins Coie as legal counsel. For Cleanova, Perkins Coie provided financial advice while Debevoise & Plimpton handled legal matters.
Outlook
With this strategic move, Cleanova is expected to strengthen its position in the ultra-clean controlled environment market segment, thereby offering innovative solutions for air filtration needs across various industrial sectors.