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Blackstone To Buy Flow Control Holdings From Audax For Undisclosed Terms
Source: Nasdaq
M&A & RestructuringPrivate Markets & VentureTechnology & Innovation
Blackstone's private-equity funds agreed to acquire Flow Control Holdings, a U.S. supplier of liquid-cooling components serving data centers as well as food, beverage and pharmaceutical markets. The transaction expands Blackstone's exposure to thermal-management infrastructure, though financial terms and the seller were not provided in the available article text.
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