# Madison Air

> Madison Air is a Chicago-based global air quality equipment company built through acquisitions beginning in 2017. Its brands include AprilAire, Big Ass Fans, Broan-NuTone, Nortek Air Solutions, Nortek Data Center Cooling, Addison and Reznor. It serves commercial and residential customers with engineered air handling, cooling, ventilation, filtration and humidity control. It listed on the NYSE as MAIR in April 2026.

- **Founded:** 2017
- **Headquarters:** Chicago, United States
- **Founders:** Larry Gies (Founder and Chairman)
- **Products:** Nortek Air Solutions, Nortek Data Center Cooling, Big Ass Fans, AprilAire, Broan-NuTone
- **Notable:** Built an air quality portfolio through acquisitions beginning in 2017., Acquired Nortek and Big Ass Fans in 2021., Added Research Products Corporation/AprilAire in May 2025.

## Products & services

- **Nortek Air Solutions** — Custom and semi-custom air handlers, FANWALL fan arrays, cleanroom systems, energy recovery and humidity control.
- **Nortek Data Center Cooling** — Engineered data center cooling, including StatePoint liquid cooling technology.
- **Big Ass Fans** — Air movement equipment for industrial, commercial and residential environments.
- **AprilAire** — Whole-home purification, ventilation, humidification, dehumidification and controls; parent Research Products Corporation acquired in May 2025.
- **Broan-NuTone** — Residential ventilation and indoor air quality equipment.
- **Addison and Reznor** — Commercial air treatment and heating equipment within the Madison Air portfolio.

## Achievements

- Built an air quality portfolio through acquisitions beginning in 2017.
- Acquired Nortek and Big Ass Fans in 2021.
- Added Research Products Corporation/AprilAire in May 2025.
- Began NYSE trading under MAIR on April 16, 2026.
- Reported Q2 2026 backlog of $2.8684 billion.
- Nortek’s historical Sutter Roseville retrofit case reports 43% lower fan-system energy use at original airflow; a project result, not a portfolio-wide saving.

## Latest updates

- **2026-10** — On October 22, scheduled Q3 2026 earnings call for November 5 at 8:30 a.m. ET.
- **2026-08** — Announced approximately $2.250 billion private placement to fund the equity portion of the proposed ebm-papst acquisition; expected closing September 1 in the announcement.
- **2026-08** — Agreed to acquire ebm-papst for approximately $5.4 billion enterprise purchase price, or $5.0 billion after expected future tax savings; closing anticipated around year end, subject to approvals.
- **2026-07** — Reported Q2 net sales of $991.3 million and raised full-year net sales guidance to $3.825 billion-$3.925 billion.

## Links

- Website: https://www.madisonair.com
- LinkedIn: https://www.linkedin.com/company/madisonair

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Profile page: https://yespress.io/madison-air
Published by YesPress — https://yespress.io
Last updated: 2026-10-22