David Brogdon and Partners Acquire Majority Stake in Systems Spray-Cooled
May 21, 2025
David Brogdon and his partners have purchased a majority stake in Systems Spray-Cooled (a business unit of The Systems Group), with The Systems Group owners Lee & Kyle Morgan retaining 35% ownership. The investment is intended to fund accelerated global expansion of SSC's spray-cooled electric arc furnace technology while SSC continues to operate as part of The Systems Group.
- Buyers
- David Brogdon and partners
- Targets
- Systems Spray-Cooled
- Sellers
- The Systems Group, Lee Morgan, Kyle Morgan
- Industry
- Industrial Services
- Location
- Tennessee, United States
- Transaction Type
- Recapitalization
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