Add-on Acquisition • Technology Hardware

Daikin Applied Americas Acquires Chilldyne

On November 4, 2025, Daikin Applied Americas acquired technology hardware company Chilldyne

Acquisition Context
  • This is Daikin Applied Americas’ 3rd transaction in the Technology Hardware sector.
  • This is Daikin Applied Americas’ 8th transaction in the United States.
  • This is Daikin Applied Americas’ 5th transaction in California.

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M&A Deal Summary

Date November 4, 2025
Target Chilldyne
Sector Technology Hardware
Buyer(s) Daikin Applied Americas
Deal Type Add-on Acquisition
Advisor(s) CapM Advisors (Financial)

Target Company

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.
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Buyer Overview 1

Buyer

Daikin Applied Americas

Minneapolis, Minnesota, United States

Category Company
Founded 1921
Sector Machinery
Employees4,800
DESCRIPTION

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 Context for Buyer #
Overall 8 of 8
Sector: Technology Hardware 3 of 3
Type: Add-on Acquisition 7 of 7
State: California 5 of 5
Country: United States 8 of 8
Year: 2025 3 of 3
PREVIOUS DEAL
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.

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