NEWSMay 19th 2022

Purgo Holdings, LLC announces the acquisition of Air and Liquid Systems, LLC

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DETROIT, MI. – Purgo Holdings, LLC (“Purgo”), a portfolio company of Wincove Private Holdings, LP, is pleased to announce the acquisition of Air and Liquid Systems, LLC (“ALSI”), a Detroit, MI based manufacturer and distributor of industrial filtration equipment and systems used in pre-treatment and paint processing applications. The acquisition of ALSI is Purgo’s third acquisition since its formation and  significantly broadens its filtration and separation product offering and expands its industrial end market coverage.

“We are excited to welcome ALSI to the Purgo portfolio of market leading filtration products and brands and look forward to opportunities for growth across the platform,” said Purgo’s Chief Executive Officer, Ken Rodi.  “As with our acquisition of Steri Technologies in 2021, ALSI brings not only exposure to new markets and applications but also a broad line of new filtration technologies that matter to our customers and their filtration needs.”

“ALSI has built a strong foundation with our customers through exceptional product performance, and aftermarket service and support,” said Jim Miller, President of ALSI.  We have a dedicated team of professionals committed to our customer base and we are poised to capitalize on continued growth.  The coming together of three unique and differentiated filtration companies will open new opportunities for ALSI in the future.”

About Purgo Holdings, LLC

Purgo was formed in 2018 with the acquisition of LAKOS Corporation (“LAKOS”) from Lindsay Corporation. LAKOS, based in Fresno, CA, designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. In 2021, Purgo acquired Steri, a Bohemia, NY based designer and manufacturer of specialized filtration systems used in industrial processes primarily for the chemical and pharmaceutical end markets. For more information about LAKOS, Steri and ALSI, visit their websites www.lakos.comwww.steri.com, and www.airliquidsystems.com.

About Wincove Private Holdings, LP

Wincove Private Holdings is an investment company that creates long-term capital appreciation for its shareholders by partnering with business owners, entrepreneurs, and management teams to build market-leading companies. With offices in Boston and New York, Wincove has a permanent capital base, staying invested in its partner companies for an unlimited time. For more information about Wincove, visit their website www.wincove.com.