Intrepid Investment Bankers, the advisory arm of global financial group MUFG, has served as exclusive financial advisor to Air Burners, Inc. on its sale to Courizon Partners. Headquartered in Palm City, Florida, Air Burners is the global leader in air curtain burner systems used for environmentally responsible, on-site disposal of wood and vegetative waste.
Led by President and CEO Brian O'Connor since 1997, Air Burners operates across land clearing, forestry management, wildfire mitigation, agriculture, and municipal waste applications throughout the U.S. and more than 30 international markets. Courizon's partnership with Air Burners aligns with Courizon's mission of building differentiated, resilient companies for the long term.
Evan LePatner, Founder and Managing Partner of Courizon, stated that "Air Burners is uniquely positioned to solve an urgent and growing need as operators seek cleaner, safer, and more cost-effective ways to process wood and vegetative waste." LePatner expressed excitement about partnering with Brian and the Air Burners team to strengthen and dramatically scale the business that has been built over the past 27 years.
Air Burners CEO Brian O'Connor commented that "Intrepid's expertise and dedication were critical to Air Burners' success throughout this process. Their team collaborated closely with us, providing strategic guidance, detailed process management and support at every stage." O'Connor expressed deep gratitude for Intrepid's partnership and commitment.
Mike Strupe, Managing Director at Intrepid, noted that "it was a privilege to work alongside Brian and the Air Burners team throughout this process. Air Burners stands out as a true innovator in sustainable waste management, with a differentiated technology platform and a clear vision for growth." Strupe expressed confidence that Air Burners will continue to lead the industry and expand its impact with Courizon's support.
Key Takeaways:
1. Air Burners has been acquired by Courizon Partners as a global leader in air curtain burner systems.
2. Intrepid Investment Bankers, advisory arm of MUFG, served as exclusive financial advisor on the transaction.
3. Air Burners operates in over 30 countries under CEO Brian O'Connor's leadership since 1997.
4. Courizon Partners will support Air Burners' expansion in forestry management and wildfire mitigation sectors.
5. The transaction responds to growing demand for environmentally responsible waste disposal technologies.