Investment Summary |
|
|---|---|
| Date | 2025-08-05 |
| Target | DDC Solutions |
| Sector | Technology Hardware |
| Investor(s) | Daikin Applied Americas |
| Sellers(s) |
Thompson Street Capital Partners
Cequel III |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Lincoln International (Financial) |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1921 |
| Sector | Machinery |
| Employees | 4,800 |
Daikin Applied Americas, Inc. is a designer and manufacturer of technologically advanced commercial HVAC systems for customers around the world. Daikin Applied Americas products are magnitude magnetic bearing chillers, pathfinder air cooled chillers and smartsource WSHP are all some of the most efficient products in the market.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 8 |
| Sector: Technology Hardware M&A | 2 of 3 |
| Type: Add-on Acquisition M&A Deals | 6 of 7 |
| State: California M&A | 4 of 5 |
| Country: United States M&A | 7 of 8 |
| Year: 2025 M&A | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-08-05 |
DDC Solutions
San Diego, California, United States DDC Solutions is a provider of data center cooling and management technology. It'sa complete data center cooling platform that includes the patented S-Series v4 cabinet technology and its leading dynamic management software. DDC Solutions was founded in 2018 and is based in San Diego, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-11-04 |
Chilldyne
Carlsbad, California, United States Chilldyne designs and manufactures innovative, negative-pressure direct-to-chip liquid cooling systems that deliver reliability and energy efficiency. Chilldyne was founded in 2012 and is based in Carlsbad, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 4.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Thompson Street Capital Partners is a private equity firm that targets control stakes in profitable, mid-sized North American companies with $5 to $50 million of EBITDA. Thompson Street looks for family businesses, private companies seeking liquidity, corporate divestitures, and public companies going private. Areas of interest include healthcare services, business services, electronics, information technology, and engineered products companies. Thompson Street will not consider investments in start-ups, early stage companies, or real estate. Thompson Street Capital was founded in 2000 and is based in St. Louis, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 49 of 52 |
| Sector: Technology Hardware M&A | 4 of 4 |
| Type: Add-on Acquisition M&A Deals | 26 of 26 |
| State: California M&A | 2 of 2 |
| Country: United States M&A | 49 of 52 |
| Year: 2025 M&A | 2 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-06-18 |
Bubbakoo’s Burritos
Wall, New Jersey, United States Bubbakoo’s Burritos is a fast-casual Mexican-fusion restaurant chain offering customizable burritos, tacos, quesadillas, bowls, and other fresh, made-to-order menu items with creative flavor combinations. Bubbakoo’s Burritos was founded in 2008 and is based in Wall, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-09-04 |
Freddy’s Frozen Custard & Steakburgers
Wichita, Kansas, United States Freddy’s Frozen Custard & Steakburgers is a franchisor of fast-casual restaurants. Freddy’s fast-casual restaurants feature steakburgers, shoestring fries, and freshly churned frozen custard. The Company’s family-friendly restaurants focus on premium quality ingredients, cooked-to-order food, and best-in-class hospitality. Freddy’s Frozen Custard & Steakburgers was founded in 2002 and is based in Wichita, Kansas. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| Size | Small |
| Type | Sector Agnostic |
Cequel III LLC is a specialist investment and management firm focused on the development of cable and telecommunications companies. Cequel was formed in 2002 and is based in St. Louis, Missouri.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 9 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 6 of 6 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 9 of 9 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-31 |
DDC Solutions
San Diego, California, United States DDC Solutions is a designer and manufacturer of innovative data center cabinets and cooling solutions. The company provides superior, cost-effective cooling options for the high-density GPU clusters that are required to run artificial intelligence (AI) and other compute-intensive applications. Its products combine the efficiency of water cooling with the flexibility of traditional air cooling. DDC Solutions is based in San Diego, California. |
Buy | - |
