Emerson Acquires 7AC Technologies, Inc.

AIR Control Concepts Acquires Technical Air Systems

February 19, 2026

Industrial Services

AIR Control Concepts (a Blackstone-backed commercial HVAC service and installation platform) completed its acquisition of Technical Air Systems, Inc., a regional HVAC manufacturers’ representative and ESOP company headquartered in Morristown, New Jersey. The February 2026 acquisition adds Northeast coverage as AIR Control Concepts builds geographic density through organic growth and add-on acquisitions; deal terms were not disclosed.

Emerson Acquires Remaining Shares of AspenTech for $7.2 Billion

February 2, 2025

Software

Emerson will acquire all remaining outstanding shares of AspenTech that it does not already own via an all-cash tender offer at $265.00 per share, followed by a merger to obtain the rest of the shares. The minority stake being acquired is valued at $7.2 billion and the deal is expected to close in the first half of 2025, subject to customary conditions.

Blackstone Acquires Majority Stake in Emerson Climate Technologies (Rebranded Copeland)

October 31, 2022

Manufacturing

Private equity funds managed by Blackstone acquired a majority stake in Emerson's Climate Technologies business (rebranded as Copeland) in a transaction valuing the business at $14.0 billion. Emerson received approximately $9.7 billion in upfront cash, a $2.25 billion seller note and retained a minority equity stake while Blackstone (with co-investors ADIA and GIC) will support Copeland's growth as a standalone HVACR leader; Copeland reported fiscal 2022 sales of $5.0 billion and employs over 18,000 people.

Emerson Acquires American Governor Company

April 2, 2020

Energy

Emerson completed the acquisition of American Governor Company, a specialist in hydroelectric turbine governor controls and aftermarket services. The purchase strengthens Emerson's renewable energy and power capabilities by integrating American Governor's digital governor controllers and global hydropower services into Emerson's automation and control product portfolio.

Emerson Acquires Verdant (Verdant Environmental Technologies)

March 11, 2020

Energy

Emerson has completed the acquisition of Verdant (Verdant Environmental Technologies), a Montreal-based provider of energy management solutions for the hospitality and light commercial markets. Verdant, which was majority-held by Fulcrum Capital Partners, offers smart thermostats, SaaS analytics and monitoring services and has about 70 employees; the deal broadens Emerson's energy management and optimization capabilities.

Emerson Acquires Cooper-Atkins

January 10, 2018

Manufacturing

Emerson has completed the acquisition of Cooper-Atkins, a manufacturer of temperature management and environmental measurement devices and wireless monitoring solutions. The deal expands Emerson's cold chain technology portfolio and complements its ProAct Services and Cargo Solutions offerings; Cooper-Atkins is headquartered in Middlefield, Connecticut and has approximately 150 employees.