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Blackstone agrees to buy Flow Control Holdings from Audax Private Equity - BX News | Rallies

Blackstone agrees to buy Flow Control Holdings from Audax Private Equity

BX•2026-09-10

Deal tied to demand for AI infrastructure cooling

The deal targets rising demand for liquid cooling tied to high-performance AI infrastructure, with investment planned for capacity expansion.

Transaction terms were not disclosed; closing is expected in the fourth quarter.

Blackstone funds agree to buy Flow Control Holdings

Blackstone funds agreed to buy Flow Control Holdings from Audax Private Equity, with Audax retaining a minority stake.

Flow Control, based in Cincinnati, supplies engineered components used in data center liquid cooling systems for OEMs and hyperscalers.

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