Ingersoll Rand Expands Key Blower Technologies, Rental Capabilities, and Services with Acquisition of Lone Star Blower, Inc.

• Expands blower portfolio through the addition of new technologies and established service and rental capabilities, adding approximately $50 million in annual revenue
• Increases ability to offer system solutions for key applications including water and wastewater treatment
• Welcomes another founder-owned company to the Ingersoll Rand portfolio and highlights the strength of our bolt-on pipeline and proprietary, sole-sourced M&A process
• Investment made at attractive low-double digit pre-synergy purchase multiple of 2025 Adjusted EBITDA

DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, has acquired Lone Star Blower, Inc. dba Lone Star Turbo (“Lone Star”), expanding the company’s Industrial Technologies and Services portfolio.

Based in the United States, Lone Star is a leading manufacturer of centrifugal, geared, gearless and multistage blowers and compressors, and control systems, with a strong presence in water and wastewater treatment as well as other high-growth industrial industries. The company has an established service presence and a large and growing rental fleet.

Innovations from Lone Star, including engineering expertise, packaged blower systems, and custom control systems manufacturing and design capabilities, enhance Ingersoll Rand’s North American portfolio and unlock opportunities for new and existing customers. Lone Star will join the Industrial Technologies and Services (IT&S) segment.

“The addition of Lone Star broadens the scope and possibilities for our mission-critical flow technologies footprint particularly in key growth markets and accelerates our growth in aftermarket services and rentals,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “Their entrepreneurial team with strong application engineering expertise enables us to offer more complete solutions to our customers. We welcome Lone Star to the Ingersoll Rand family.”

About Ingersoll Rand Inc.

Ingersoll Rand Inc. (NYSE: IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit IRCO.com.

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