Private investment major Blackstone is to acquire Flow Control Holdings (FCH), a US provider of engineered flow-control components used in data centre liquid cooling and other critical applications, from Audax Private Equity.
Private equity funds affiliated with Blackstone Capital Partners and Blackstone Energy Transition Partners have signed a definitive agreement to acquire FCH. Audax will retain a minority stake in the business and continue to work with Blackstone and FCH’s management followi...
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