DeepCoolAI and MAS HVAC Merge to Form Unified Data Center Thermal Management Provider
November 19, 2025
DeepCoolAI and MAS HVAC have merged to create a single thermal management company combining DeepCoolAI’s liquid-cooling technology with MAS HVAC’s mission-critical air-cooling and HVAC engineering capabilities (including MAS HVAC’s Daedex subsidiary). The combined organization aims to offer comprehensive air, liquid and hybrid cooling solutions for data centers, enabling faster deployment, simplified vendor management and improved scalability for high-density AI and HPC workloads.
- Buyers
- DeepCoolAI, MAS HVAC
- Targets
- DeepCoolAI, MAS HVAC
- Industry
- Engineering Services
- Location
- United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Daikin Applied Acquires Alliance Air Products
March 2, 2023
Manufacturing
Daikin Applied has acquired Alliance Air Products, a San Diego–based manufacturer of custom air-handling equipment. The acquisition expands Daikin’s portfolio and engineering capabilities—strengthening its data-center cooling and custom HVAC offerings while enabling faster delivery and broader end-to-end solutions for mission-critical applications.
-
Daikin Applied Acquires DDC Solutions from Thompson Street Capital Partners
August 19, 2025
Manufacturing
Daikin Applied, a subsidiary of Daikin Industries, has acquired DDC Solutions, a San Diego-based provider of high-density GPU cooling cabinets and cooling management software, from Thompson Street Capital Partners and Cequel III. Terms were not disclosed; DDC will operate as an independent subsidiary and the acquisition supports Daikin's expansion into data center and AI infrastructure cooling solutions.
-
Daikin Applied Americas Acquires Chilldyne
November 6, 2025
Manufacturing
Daikin Applied Americas has acquired Chilldyne, a developer of negative-pressure direct-to-chip liquid cooling systems for high-performance and AI data centers. The deal expands Daikin Applied's data center cooling portfolio with Chilldyne's leak-resistant liquid-cooling technology and brings Chilldyne's leadership team into Daikin Applied; CapM Advisors acted as exclusive financial advisor to Chilldyne.
-
Daikin Applied Acquires Carroll Air Systems
May 1, 2023
HVAC & Mechanical
Daikin Applied has acquired Carroll Air Systems, a Tampa, Florida-based HVAC sales representative and service provider that supports the Central and West Coast regions of Florida. The business will be integrated into Daikin Applied’s regional operations and will operate as Daikin Applied Central and West Coast Florida, with Phillip Carroll leading the merged service, sales and parts organization.
-
Daikin Applied Americas Acquires ThermalNetics and TriState HVAC Equipment
January 12, 2022
HVAC & Mechanical
Daikin Applied Americas has made majority investments in two of its regional equipment, services and parts representatives: Detroit-based ThermalNetics and Philadelphia-area TriState HVAC Equipment. The acquisitions expand Daikin’s local service, parts and representation capabilities to improve lifecycle support, digital connectivity and indoor air quality solutions for commercial and residential customers.
-
Trane Technologies Acquires Stellar Energy Americas
February 18, 2026
HVAC & Mechanical
Trane Technologies has completed the acquisition of Stellar Energy Americas, a provider of turnkey and modular data center cooling solutions. The purchase strengthens Trane's data center thermal management capabilities and accelerates deployment of prefabricated, scalable cooling systems to meet growing demand in the data center market.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.