Topic
Published Dispatch coverage connected to Commercial Hvac.
6 published stories
Breaking AnalysisM&A and Private EquityBlackstone Is Buying a Liquid-Cooling Platform. Modine Is Rebuilding Around a $4 Billion Data-Center Cooling Agreement.Blackstone agreed to acquire Flow Control Holdings as Modine prepares to become Modexus Solutions after a roughly $1 billion portfolio separation. Together with Modine's $4 billion data-center cooling capacity agreement, the moves show capital concentrating around the mechanical infrastructure required to cool AI compute.TradeVulcan Dispatch Editorial Desk14 min
Breaking AnalysisM&A and Private EquityA $510 Million Bet on a $1 Billion MEP Roll-Up: Kelso Has Acquired Roughly 40 Trades Businesses in Five YearsPeterson Partners has closed a $510 million continuation vehicle for Kelso Industries, with NorthSands committing more than $450 million. The bigger contractor story is how a five-year-old MEP platform grew past $1 billion in annual revenue through roughly 40 acquisitions while preserving local operating brands.TradeVulcan Dispatch Editorial Desk16 min