Ingersoll Rand acquires Lone Star Blower for $50M in revenue
Ingersoll Rand (NYSE:IR) said it acquired U.S. blower maker Lone Star Blower for undisclosed terms. The deal adds about $50 million in annual revenue to its Industrial Technologies and Services segment, according to the company, and was priced at an “attractive” low-double-digit pre-synergy multiple of 2025 Adjusted EBITDA. Lone Star will be integrated into the segment.
How this was made
The 30-second read
Why it matters
The disclosed revenue contribution and stated EBITDA multiple provide a valuation anchor, but the lack of integration and synergy specifics reduces certainty on timing and magnitude of earnings impact.
Market read
Traders can reassess IR’s M&A-driven growth and aftermarket/rental strategy based on the $50M annual revenue contribution and the stated low-double-digit pre-synergy EBITDA multiple.
What to watch
The article does not mention purchase price, financing structure, or expected margin profile of Lone Star, which are key for assessing accretion and near-term EPS impact.
Background
Ingersoll Rand is expanding its blower portfolio and control systems capabilities via the acquisition of Lone Star Blower.
Ticker impact
Ingersoll Rand announced it will acquire Lone Star Blower, adding about $50M in annual revenue to its Industrial Technologies and Services segment.
Near-term upside bias on deal completion expectations, with follow-through dependent on disclosed integration plan and any financing details.
The article provides concrete deal economics (about $50M annual revenue, low-double-digit pre-synergy EBITDA multiple) but withholds integration timeline and synergy targets, limiting precision on valuation impact.
Market effects
Supports continued consolidation in industrial flow/air and water treatment equipment, potentially improving aftermarket and rental mix narratives.
No specific regional demand signal beyond U.S. target integration.
Ingersoll Rand’s global footprint could broaden service coverage for water and wastewater customers.
Counterpoint
Without disclosed synergy targets or integration timeline, the market may discount the multiple and focus on execution risk and potential dilution of management attention.
Key entities
- public_companyIngersoll Rand Inc.
Acquirer, expanding Industrial Technologies and Services with Lone Star Blower.
- private_companyLone Star Blower, Inc.
U.S. manufacturer of centrifugal and multistage blowers and compressors, with control systems for water and wastewater treatment.
- executiveVicente Reynal
Chairman and CEO of Ingersoll Rand, quoted on the strategic rationale.




