Gary Young Baton Rouge, Founder of Air-Nu commented, “This transaction achieved our objectives

BATON ROUGE, La. - March 25, 2014 - PRLog -- Baton Rouge, Louisiana (January 2013) – Louisiana Capital Group, LLC has announced its completion of an acquisition, effective January 1, 2014, of Air-Nu Baton Rouge, LLC, and its affiliated entities, Air-Nu Lake Charles & AirNu Houston (collectively “Air-Nu”). Louisiana Capital Group is a family office and private equity investment company based in Cut Off, Louisiana.

Founded in Baton Rouge, Louisiana in 1995, Air-Nu is an industrial and commercial service contractor for the installation, replacement and maintenance of air, gas, and liquid filtration products to a diversified base of customers within the South-Central Gulf Coast region of the United States. Industries served by Air-Nu include petrochemical, pulp and paper, manufacturing, as well as, commercial building owners, hospitals, school districts, and municipalities.

Toby Brady, President of Louisiana Capital Group, stated, “We could not be more pleased to have Air-Nu as a part of the Louisiana Capital Group of Companies. Air-Nu is a leading specialty service contractor that has solidly established relationships with a diversified base of blue chip customers. We are looking forward to working closely with the Company’s experienced management team and staff as we continue Air-Nu’s expansion.”

Gary Young, Founder of Air-Nu commented, “This transaction achieved every one of our objectives. All of our management and personnel will continue on unchanged, and the additional resources and business experiences Louisiana Capital Group brings to the Company will provide tremendous opportunity for both our employees and customers. Statesman’s expertise and professionalism in guiding us through every step of this process was invaluable”.

Statesman Corporate Finance, LLC (“Statesman”) served as the exclusive financial advisor to Air-Nu. The Statesman transaction team was led by Principal Walter Tomlinson and included Managing Director Gary Canon, and Senior Financial Analyst Walker French. Ray Ladouceur, of Ladouceur & Ladouceur, LLC in Abita Springs, Louisiana, served as legal and tax counsel for Air-Nu. B. Troy Villa, Partner, with Breazeale, Sachse & Wilson, LLP in Baton Rouge, led the legal team that advised Louisiana Capital Group.

Statesman Corporate Finance, LLC is a leading middle market investment bank headquartered in Houston, Texas. Statesman provides merger and acquisition sell-side and buy-side advisory services and general corporate financial advisory services to small and middle-market companies.

Statesman Contact:
Walter Tomlinson
Principal
(713) 595-1343
waltert@statesmanbiz.com