Acquisition nearly doubles Madison Air's addressable market while vertically integrating differentiated air flow technology and expanding commercial segment, aftermarket and services opportunitiesReinforces the durability and resilience of Madison Air's long-term growth algorithm through the addition of a high-quality business serving attractive, mission-critical air quality, cooling and industrial process applicationsTransaction is expected to be accretive to adjusted earnings per share (EPS) in the first full year following closing, with anticipated annual run-rate synergies of $160 million by year three and Madison Air's proven operating model driving margin expansion

Backlog of $2,868.4 million up 133% year-over-year and orders up 45% on a combined basis***Net sales of $991.3 million, up 21%, including up 14% on a pro forma basis**Net income of $70.5 million, up 129%, with net income margin of 7% and adjusted net income* of $147.7 million, up 71%Adjusted EBITDA* of $265.8 million, up 18%, with adjusted EBITDA margin* of 27%Cash flow from operations - continuing operations of $98.6 million and free cash flow* of $89.6 millionEnded 2Q with 2.8x net leverage*, down ~0.2x from immediately following the IPO

CHICAGO, July 15, 2026 /PRNewswire/ -- Madison Air Solutions Corporation (NYSE: MAIR) ("Madison Air"), an air quality solutions provider serving priority commercial and residential markets, today announced that it will host a conference call and webcast to discuss its second quarter 2026 financial results on Thursday, July 30, 2026, at 8:30 a.m. EDT. The company will issue its earnings release earlier that morning.