M&A Deal Summary

Active Radiator Acquires D&B Heat Transfer

On October 14, 2025, Active Radiator acquired business services company D&B Heat Transfer

Acquisition Highlights
  • This is Active Radiator’s 1st transaction in the Business Services sector.
  • This is Active Radiator’s 1st transaction in the United States.
  • This is Active Radiator’s 1st transaction in Michigan.

M&A Deal Summary

Date 2025-10-14
Target D&B Heat Transfer
Sector Business Services
Buyer(s) Active Radiator
Deal Type Add-on Acquisition

Target

D&B Heat Transfer

Grand Rapids, Michigan, United States
D&B Heat Transfer provides radiator and heat-exchanger repair, fabrication, and aftermarket parts distribution for heavy-duty vehicles, fleets, and industrial equipment. D&B Heat Transfer was founded in 2003 and is based in Grand Rapids, Michigan.

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Buyer(S) 1

Buyer

Active Radiator

Philadelphia, Pennsylvania, United States

Category Company
Founded 1940
Sector Distribution
DESCRIPTION

Active Radiator is a manufacturer and distributor of heavy-duty radiators, charge air coolers, oil coolers, and related cooling products. Active Radiator was founded in 1940 and is based in Philadelphia, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1