Patriot is pleased to announce its recent investment in Airco, Inc., a portfolio company of Azalea Capital. In this transaction, Patriot provided subordinated debt to support the continued growth of the Airco platform.
Airco Inc., based in Savannah, Georgia, is a performance-driven provider of a broad range of plant maintenance and repair services to Power Plants and Industrial manufacturers. Airco operates in three verticals, Industrial Services, Power Services, and Welding Services, each led by industry-experienced senior managers. The Company’s customers include world-class Utilities, power equipment OEMs, and multi-national industrial manufacturers.