D.A. Davidson Acts as Exclusive Financial Advisor to Courizon Partners on its Purchase of Air Burners

NEW YORK--(BUSINESS WIRE)--D.A. Davidson announced today that it served as exclusive financial advisor to Courizon Partners LLC (“Courizon”) on its purchase of Air Burners, Inc. (“Air Burners”). Courizon is a private equity firm focused on North American middle-market industrial and consumer businesses facing defining moments of transition. Air Burners is the global leader in air curtain burner systems used for environmentally responsible, on-site disposal of wood and vegetative waste.

Air Burners’ product suite is widely used across land clearing, forestry management, wildfire mitigation, agriculture, and municipal waste applications across the U.S. and more than 30 international markets.

“Air Burners is a fast-growing business that addresses the growing demand for cleaner and more efficient waste-processing technologies,” stated Eric Stetler, Managing Director and Head of Diversified Industrials and M&A at D.A. Davidson. “We appreciated the opportunity to work with Courizon throughout the process as they evaluated this transaction and can’t wait to see the next phase of growth for Air Burners.”

“The Air Burners team has built an extraordinary company over these past 27 years, and we are excited to partner with them to strengthen and dramatically scale the business,” said Evan LePatner, Founder and Managing Partner of Courizon. “Davidson’s industry insights and market knowledge were very helpful during the process.”

The transaction represents the ongoing success of D.A. Davidson’s Machinery & Equipment practice and highlights the continued momentum in D.A. Davidson’s Diversified Industrials Investment Banking Group.

D.A. Davidson Investment Banking is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions and technology.

About D.A. Davidson

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Greater Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 30 states.

Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment advisor providing fixed income portfolio and advisory services.

For more information, visit dadavidson.com.