Griffin Represents Manufacturer of Compressed Air Treatment Products in Sale to Ingersoll Rand Company Limited

Griffin Financial Group's representation of ZEKS Air Drier Corporation marks the fifteenth transaction Griffin has announced or closed year-to-date.

Griffin represented ZEKS, also known as ZEKS Compressed Air Solutions, in its sale to the Ingersoll Rand Company Limited (NYSE: IR). Located in West Chester, PA, ZEKS develops and manufactures a complete line of compressed air treatment products, including air dryers, filters and system controllers, which maximize the productivity and reliability of compressed air systems. Sold through dozens of distributors, primarily in the U.S. and Canada, ZEKS products are used for diverse industrial and manufacturing applications in a range of industries. ZEKS will operate as part of Ingersoll Rand Air Solutions, a business unit of Ingersoll Rand's Industrial Technologies Sector. Ingersoll Rand is a leading diversified industrial company providing products, services and integrated solutions to industries ranging from transportation and manufacturing to food retailing, construction and agriculture.

For more information on this transaction, please contact John Lee, Senior Managing Director, at 610.205.6106 or John McCausland, Vice President, at 610.478.2083. For more information on Griffin's services in general, contact any one of our investment banking professionals.

Griffin is an investment bank providing merger and acquisition advisory services and related structuring, research and analysis, and sale process management. Griffin also assists businesses in obtaining financing through institutional placements of equity and debt, including those facing special situations, such as financial restructuring and turnarounds. Griffin is an SEC registered broker-dealer and NASD member.