Trane Technologies Acquires LiquidStack
February 10, 2026
Trane Technologies signed a definitive agreement to acquire LiquidStack, a liquid cooling technology provider headquartered in Carrollton, Texas, to strengthen Trane’s end-to-end data center thermal management offerings. Trane’s acquisition centers on LiquidStack’s direct-to-chip and immersion cooling portfolio, with the deal expected to close in early 2026 (and later announced as completed in March 2026).
- Buyers
- Trane Technologies
- Targets
- LiquidStack
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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