Greylane Initiates New Chapter in Engineered Components Acquisition
On July 29, 2025, Greylane, LLC (hereafter referred to as Greylane) made headlines by announcing its establishment as a dedicated holding company. Focused specifically on acquiring niche manufacturers of engineered components, Greylane sets its sights on businesses with steady revenue sources and robust pricing capabilities. Backed by a significant capital commitment and helmed by seasoned industry founders, Greylane intends to partner with management teams to enhance and scale these specialized businesses.
In conjunction with this announcement, Greylane revealed its first acquisition—AirCare Operator, LLC (termed AirCare), which is recognized as a leading supplier of components used in cleanroom control and monitoring. Previously under Falx Capital's ownership, AirCare is headquartered in San Antonio, Texas, and specializes in the engineering, assembly, and support of fan filter unit controls, cleanroom monitoring software, and environmental regulation tools essential for critical cleanroom procedures.
Shawn Dewey, the President of AirCare, will continue his leadership role within the organization, working closely with Greylane's executive team. Dewey expressed enthusiasm about the merger, stating, “We are excited to join the Greylane organization. Their vision for advancing specialized component enterprises aligns perfectly with our goals at AirCare. This partnership empowers us to expand our capabilities, invest in innovative solutions, and continuously provide exceptional services to our clientele.”
Greylane's business model revolves around acquiring companies that demonstrate EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) ranging from $1 million to $5 million, specifically in engineered components manufacturing with a focus on recurring revenue attributes. The goal is to create a portfolio of firms that not only meet these financial parameters but also possess strong market niches.
The acquisition of AirCare marks a strategic move early in Greylane's operational path. As a solid foundation, it showcases Greylane’s capacity to identify promising acquisitions that align with its strategic vision. Moreover, this acquisition opens avenues for Greylane to explore further partnerships and investments in similar sectors.
Greylane is optimistic about its future and actively seeks additional acquisition opportunities within the niche engineered components landscape. The leadership team is open to discussions with potential sellers who align with Greylane's goals and share a vision for growth in specialized manufacturing.
About Greylane
Greylane serves as a serial acquirer in the engineered components business sector. With an intention to build a solid network of manufacturers characterized by ongoing revenue streams and healthy pricing strategies, Greylane’s focus is clear—to enhance and grow within this carefully curated niche. For more details about their business model and future endeavors, visit
www.greylane.holdings.
About Falx Capital
Falx Capital is a private investment firm that has oriented its focus on healthcare and related markets within the lower middle market. The organization seeks to collaborate with existing management teams or introduce new leadership to augment business legacies, offering flexible capital solutions tailored to business owners' needs. More information about Falx Capital can be found at
www.falxcapital.com.
In conclusion, as Greylane embarks and expands its portfolio, industry stakeholders can expect notable developments in the niche engineered components market, driven by strategic acquisitions and a commitment to quality improvements and innovation.