Innovent Air Handling Equipment

What Innovent Air Handling Equipment does

Innovent Air Handling Equipment, founded in 1981 and headquartered in Minneapolis, Minnesota, designs and manufactures custom air handling units for commercial and institutional buildings across North America. The company's product portfolio spans four core lines: Custom Air Handling (dimensionally flexible units with DX or chilled water refrigeration up to 400 tons and 250-250,000 cfm capacity, built with 2-inch or 4-inch foam-injected cabinets rated R14-R28 and engineered for a 30-year service life), Energy Recovery (six technology options including enthalpy wheels, flat plate, heat pipe, run-around coils, regenerative heat exchangers, and Accubloc), Pool Dehumidification (aluminum-construction units using high levels of outdoor air for natural dehumidification in natatoriums), and Desiccant Dehumidification (5-50°F dew point units for surgical suites, pharmaceuticals, ice rinks, and museums). All units ship with embedded factory controls interoperable via BACnet and Modbus and integrate standard third-party components such as Carel C.PCO controllers and Yaskawa J1000 VFDs.

The company serves five primary use-case segments: natatoriums and indoor pools, schools (classrooms, gymnasiums, cafeterias), healthcare (surgical suites, patient rooms, medical offices), labs and research facilities, and Dedicated Outdoor Air Systems (DOAS) for buildings requiring 100% outdoor air conditioning. Its go-to-market is exclusively an enterprise field-sales model executed through independent sales representatives across all US states and Canadian provinces, supported by a RepNET portal and technical application engineers at headquarters. Pricing is quote-based per custom project; revenue mechanics combine hardware sales of custom units, replacement parts through a Parts Group, and technical support services.

Innovent is a privately held subsidiary of Greenheck Group, a diversified industrial conglomerate recognized as a leader in air movement, control, and conditioning with operations across seven US states. Legal entity is Innovent Corporation, incorporated in Minnesota. The company does not disclose revenue and operates with a 51-100 employee headcount range, generating project-based, lumpy revenue against long equipment replacement cycles.

Name

Innovent Air Handling Equipment

Legal name

Innovent Corporation

Website

https://innoventair.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

51–100 employees

Short description

Innovent Air Handling Equipment, founded 1981 in Minneapolis, designs and manufactures custom air handling units for natatoriums, schools, healthcare facilities, labs, and DOAS applications across North America, selling exclusively through independent sales representatives as a subsidiary of Greenheck Group.

Ownership category

akta.pro rank

Product category

Commercial HVAC Air Handling Equipment

NAICS

Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing (333413), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Industrial & Commercial Fans & Blowers & Air Purifing Equip (3564), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Air Handling Units (AHUs) & Rooftop Units (RTUs) (IMADANAA)

akta.pro secondary industries

Ventilation, Ducting & Air Distribution Equipment (IMAHAKAG), HVAC & Industrial Ventilation (Chillers, AHUs, Exhaust, Filtration) (EUAEAFAE), Fans, Blowers & Ventilation Units (Supply/Exhaust/Inline) (IMADANAB)

Keywords

• Custom air handling
• HVAC equipment manufacturing
• Energy recovery systems
• Dehumidification equipment
• Natatorium ventilation

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Custom Air Handling Equipment Sales: Innovent designs and manufactures custom air handling equipment sold directly to customers through their representative network. Each unit is custom designed per customer specifications with pricing based on requirements, capacity, and features. Revenue is generated from equipment sales with potential for replacement parts and technical support services.
2. Replacement Parts: Replacement parts available through local Innovent representatives or directly through the Parts Group for ongoing maintenance and repair of installed equipment
3. Technical Support Services: Technical support provided through representative network and application engineers at headquarters for installation and operational guidance

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Innovent designs and manufactures custom-built air handling equipment for commercial and institutional buildings. Each unit is engineered to customer specifications with full dimensional flexibility, capacity from 250 to 250,000 cfm, and DX or chilled water refrigeration up to 400 tons. The company offers four core product lines: Custom Air Handling units, Energy Recovery systems, Pool Dehumidification units, and Desiccant Dehumidification units, all featuring foam-injected cabinet construction designed for 30-year service life.

Product overview

Innovent Air Handling Equipment is a custom air handling equipment manufacturer offering four distinct product lines: Custom Air Handling (the core platform featuring fully customized HVAC units with dimensional flexibility, DX/chilled water refrigeration, and capacity from 250-250,000 cfm), Energy Recovery (six technology options including enthalpy wheels, flat plate exchangers, heat pipes, and Accubloc for tempering incoming air), Pool Dehumidification (specialized units using outdoor air for natural dehumidification in natatoriums with corrosion-resistant aluminum construction), and Desiccant Dehumidification (low dew point units for demanding environments like surgical suites and pharmaceuticals). All products feature embedded factory controls with BACnet/Modbus interoperability. The company operates as a member of the Greenheck Group and has over 40 years of experience designing custom solutions for healthcare, labs, schools, natatoriums, and other critical environments.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Air Handling Units Custom-designed air handling units with complete dimensional flexibility, DX or chilled water refrigeration up to 400 tons, capacity range 250 to 250,000 cfm, and 2-inch or 4-inch foam-injected construction with thermal break design. Features section split construction for retrofits and embedded factory controls. For commercial, institutional, healthcare, and educational buildings.
• Energy Recovery Systems Energy recovery product line offering six technology options for tempering incoming air: enthalpy wheels (70-90% sensible, 65-80% latent performance), enthalpic cores, sensible flat plate heat exchangers (50-65% sensible), heat pipes, run-around coils, regenerative heat exchangers, and Accubloc technology (85-95% sensible, no frost control required). For commercial building ventilation applications.
• Pool Dehumidification Units Pool dehumidification units utilizing high levels of outdoor air for natural dehumidification in natatorium environments. Features aluminum construction, coated coils, air-to-air sensible heat exchangers, dimensional flexibility, and specialized control sequences. Designed for indoor aquatic facilities including competitive pools, recreation centers, and waterparks to control chloramines and prevent corrosion.
• Desiccant Dehumidification Units Desiccant-based dehumidification units capable of delivering extra dry air from 5-50°F dew point for spaces requiring very low humidity. Supports high temp, low temp, or passive regeneration for desiccant wheel reactivation. Applications include surgical suites, pharmaceuticals, ice rinks, museums, and research facilities requiring precise humidity control beyond typical air handling capabilities.

Quantifiable outcome

• 30-year equipment service life with proper maintenance
• +5 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature8 records

Partnerships

Eight partnerships are on record, tiered core.

• Greenheck GroupcoreOthersInnovent is a Greenheck Group company. Greenheck Group is a global company and the industry leader in air movement, control, and conditioning. Innovent operates as part of the Greenheck Group family-oriented organization with growth across multiple states.
• The Master GroupcoreChannel Partner/ Reseller/ DistributorSales representative covering Alberta and Saskatchewan regions from Calgary, AB office.
• Olympic InternationalcoreChannel Partner/ Reseller/ DistributorSales representative covering British Columbia from North Vancouver, BC office.
• BPL Sales LimitedcoreChannel Partner/ Reseller/ DistributorSales representative covering Manitoba from Winnipeg, MB office.
• O'DellcoreChannel Partner/ Reseller/ DistributorSales representative covering Ontario from Mississauga and Burlington, ON offices.
• HTS OttawacoreChannel Partner/ Reseller/ DistributorSales representative covering Ottawa, Ontario region from Ottawa, ON office.
• Qualite Air TotalecoreChannel Partner/ Reseller/ DistributorSales representative covering Quebec (Laval region) from Laval, QC office.
• ArmecocoreChannel Partner/ Reseller/ DistributorSales representative covering Quebec from Quebec City, QC office.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Greenheck Group: Parent company and the largest direct competitor in the air movement, control, and conditioning space. Greenheck's broad AHU, fan, and damper portfolio competes head-on with Innovent on standard commercial projects while providing Innovent its parentage advantage.
• Trane Technologies: Global HVAC OEM with extensive commercial AHU, chiller, and applied product lines. Trane's modular and custom AHU offerings compete for the same healthcare, education, and lab specifications as Innovent, often at larger scale.
• Carrier Global: One of the largest HVAC manufacturers globally, with a broad commercial AHU portfolio. Carrier competes with Innovent on healthcare, lab, and large commercial custom AHU specifications.
• Daikin Applied: Daikin's applied commercial HVAC division offers custom AHUs, chillers, and air-handling systems serving the same healthcare, education, and industrial process customers as Innovent.

Direct peers

• AAON: Direct peer in custom and semi-custom commercial HVAC/air handling units. AAON competes with Innovent on natatorium, school, and healthcare projects with a heavier emphasis on modular/factory-configurable platforms.
• CaptiveAire: Manufactures custom and modular AHUs with strong direct-sales presence across foodservice, healthcare, and education — overlapping core verticals with Innovent. Their kitchen ventilation-heavy focus differentiates, but standard AHU lines are direct competition.
• Price Industries: North American leader in air distribution products (grilles, diffusers) and a growing custom AHU manufacturer. Direct overlap with Innovent in custom air handling for healthcare, labs, and commercial markets.
• Titus HVAC: Manufacturer of commercial air-handling units, diffusers, and grilles, owned by Johnson Controls. Titus competes directly with Innovent on AHU specifications for commercial and institutional projects.

Others

• Johnson Controls: Global building HVAC and controls giant with extensive custom AHU and applied products. Competes with Innovent on large commercial projects, often bundled with building automation and energy services.

Emerging players

• Renovent (Pool/PoolPak): Specialty manufacturer of pool dehumidification and natatorium HVAC units. Directly competes with Innovent's Pool Dehumidification product line for indoor aquatic facility specifications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/innovent-air-handling-equipment

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Innovent Air Handling Equipment