CVC DIF and Tabreed Acquire PAL Cooling Holding from Multiply Group

DIF Capital Partners Acquires Majority Stake in Pinnacle Power Limited

April 5, 2023

Energy

DIF Capital Partners has signed an agreement to acquire a significant majority stake in UK district heating developer and operator Pinnacle Power Limited via its DIF Infrastructure VII fund, with Pinnacle Power management retaining a minority stake and Pinnacle Group Limited exiting as the previous shareholder. The investment will fund the development, ownership and expansion of city-scale district heating networks across the UK, supporting projects such as the Greenwich Peninsula network and accelerating the transition to low-carbon heat.

CVC DIF Acquires Spanish Data Centre Operator Adam Ecotech

October 31, 2024

IT Services

CVC DIF has agreed to acquire a 100% stake in Adam Ecotech, a colocation data centre operator with facilities in Madrid and Barcelona, from Ogic Informatica. The deal gives CVC DIF a platform entry into the European data centre market and will support Adam Ecotech's planned capacity and geographic expansion across Spain and Europe.

DIF Capital Partners Acquires Majority Stake in Diverso Energy

May 10, 2023

Renewable Energy

DIF Capital Partners, via its DIF Infrastructure VII fund, has signed an agreement to acquire a 75% majority interest in Diverso Energy Inc., a Canadian developer, owner and operator of geothermal heating and cooling systems. The founders retain 25% and will continue to lead the company; the investment will fund Diverso's growth and execution of its pipeline of geothermal EaaS projects across Canada.

Pale Fire Capital Acquires 24.3% Stake in Acond

September 12, 2022

Manufacturing

Pale Fire Capital has invested a nearly one-quarter (24.3%) minority stake in Czech heat pump manufacturer Acond to accelerate the construction of a new production plant and expand the company across Europe. The investment will finance a significant increase in production capacity and support Acond’s growth while founders remain involved in management.

CVC DIF Acquires 49% Stake in BALANCE Erneuerbare Energien from VNG AG

April 7, 2025

Renewable Energy

CVC DIF (via the DIF Infrastructure VII fund) has agreed to acquire a 49% stake in BALANCE Erneuerbare Energien, the biogas subsidiary of Leipzig-based VNG AG, in a growth partnership to support the business’s expansion. BALANCE operates 42 biogas facilities in northern and eastern Germany (≈197 MW thermal) and supplies green energy to roughly 180,000 households; the transaction is subject to antitrust approval.

DeepCoolAI and MAS HVAC Merge to Form Unified Data Center Thermal Management Provider

November 19, 2025

Engineering Services

DeepCoolAI and MAS HVAC have merged to create a single thermal management company combining DeepCoolAI’s liquid-cooling technology with MAS HVAC’s mission-critical air-cooling and HVAC engineering capabilities (including MAS HVAC’s Daedex subsidiary). The combined organization aims to offer comprehensive air, liquid and hybrid cooling solutions for data centers, enabling faster deployment, simplified vendor management and improved scalability for high-density AI and HPC workloads.