Thompson Street Capital Partners and Cequel III Acquire Controlling Interest in DDC Cabinet Technology
January 31, 2024
Thompson Street Capital Partners and Cequel III have taken a controlling interest in DDC Cabinet Technology, a San Diego–based designer and manufacturer of high-density data center cabinets and cooling solutions. The investment provides growth capital to scale DDC's hybrid air-water cooling and proprietary management software for AI/HPC and other high‑density compute environments; co‑founders Chris Orlando and Mark Ortenzi remain minority investors and Keith Markley was named CEO.
- Buyers
- Thompson Street Capital Partners, Cequel III
- Targets
- DDC Cabinet Technology
- Industry
- Manufacturing
- Location
- California, United States
- Transaction Type
- Buyout
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