Latest Blackstone News & Announcements | Distill
π Blackstone acquires Flow Control Holdings from Audax Private Equity to expand its presence in data center liquid cooling components.
π‘ The deal targets the growing market demand for high-performance cooling solutions driven by AI infrastructure expansion.
π€ Audax Private Equity will retain a minority stake in Flow Control Holdings following the completion of the acquisition.
π The transaction is expected to close in the fourth quarter, aligning with Blackstone's strategic growth initiatives.
- Blackstone acquires Flow Control Holdings to capitalize on significant growth in AI infrastructure and high-performance cooling demand.
- The acquisition of FCH strengthens Blackstone's portfolio with specialized data center liquid cooling components essential for modern computing needs.