LDR Partners Acquires Active Radiator and Forms Active Thermal Solutions Platform

July 9, 2025

LDR Partners LP acquired Active Radiator, a Philadelphia-based manufacturer, servicer and distributor of heavy-duty radiators and heat exchangers, in a transaction that closed July 3, 2025. LDR combined Active with Cincinnati Radiator and Ohio Heat Transfer under a unified platform, Active Thermal Solutions, to build the largest U.S. heavy manufacturing platform for aluminum industrial heat exchangers and expand aftermarket and OEM capabilities.

Buyers
LDR Partners LP
Targets
Active Radiator
Sellers
Marty Newell / Active Radiator family owners
Platforms
Active Thermal Solutions
Industry
Manufacturing
Location
Pennsylvania, United States
Transaction Type
Addon

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