Blackstone to Acquire Majority Stake in Flow Control Holdings

September 10, 2026

Blackstone funds affiliated with Blackstone Capital Partners and Blackstone Energy Transition Partners agreed to acquire a majority stake in Flow Control Holdings (FCH) from Audax Private Equity, which will retain a minority equity interest. FCH makes engineered flow-control components for data center liquid cooling and food, beverage, and pharmaceutical applications; Blackstone plans to support capacity expansion amid rising demand from AI infrastructure.

Buyers
Blackstone
Targets
Flow Control Holdings (FCH)
Sellers
Audax Private Equity
Industry
Manufacturing
Location
Ohio, United States
Transaction Type
Buyout

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