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Buyer Dossier

Norair Engineering

Prepared for Air Control
Type: strategic Washington, DC
Air Control • Fred Lowry • HVAC • 3000000.0
March 29, 2026

Approach Strategy

CALL OPENER

**"Norair was literally founded on HVAC — Henry Norair started the company in 1935 to serve DC's central heating and air conditioning market. Air Control would be a homecoming, not a diversification."** | **"Richard Norair structured the ESOP to secure the firm's future for employees — acquiring Air Control's McLean team would expand that employee-ownership model to a workforce already operating in Norair's backyard."** | **"Your Procore profile still lists HVAC as a core trade alongside plumbing and design engineering, but your recent project mix is heavily water and wastewater — Air Control rebuilds dedicated HVAC capacity without the overhead of an organic buildout."**