{"id":95758,"date":"2026-09-11T06:07:05","date_gmt":"2026-09-11T10:07:05","guid":{"rendered":"https:\/\/hedgeco.net\/news\/09\/2026\/blackstone-agreed-to-acquire-flow-control-holdings-from-audax.html"},"modified":"2026-09-11T06:07:05","modified_gmt":"2026-09-11T10:07:05","slug":"blackstone-agreed-to-acquire-flow-control-holdings-from-audax","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2026\/blackstone-agreed-to-acquire-flow-control-holdings-from-audax.html","title":{"rendered":"Blackstone Agreed to Acquire Flow Control Holdings From Audax:"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2026\/09\/2026-09-11-fch-hero.jpg\" alt=\"Blackstone Agreed to Acquire Flow Control Holdings From Audax:\" \/><\/p>\n<p>HedgeCo.Net \u2014 Blackstone Capital Partners and Blackstone Energy Transition Partners entered a definitive agreement on September 10 to acquire Flow Control Holdings (FCH) from Audax Private Equity, with Audax retaining a minority equity stake. FCH is a Cincinnati-based provider of highly engineered flow-control solutions used in data-center liquid cooling as well as food, beverage, and pharmaceutical applications, including components that OEMs and hyperscalers deploy in coolant distribution units, in-row manifolds, and secondary fluid networks. Audax\u2019s own release and Business Wire \/ Wedbush and RTT News independently printed the same Blackstone\u2013Audax structure, minority roll, and undisclosed-terms framing.<\/p>\n<p>Under Audax ownership FCH completed 10 acquisitions. Advisors named in the tape include Houlihan Lokey and Jefferies for FCH and William Blair, UBS, and Goldman Sachs for Blackstone; legal counsel cited Ropes &#038; Gray for FCH and Kirkland &#038; Ellis for Blackstone. The parties pointed to an expected close in the fourth quarter. Context figures in the coverage put Audax at about $20 billion AUM as of July 2026 and Blackstone above $1.3 trillion AUM.<\/p>\n<p>This is a signed definitive agreement with an Audax minority roll, not a disclosed purchase price or a closed exit. Treat the Q4 close target, the dual Blackstone Capital Partners \/ Energy Transition Partners buyer stack, the 10 bolt-ons under Audax, and the advisor slate as announced. Do not invent enterprise value, EBITDA multiples, or hyperscaler customer names beyond the component end-market description. The allocator object is a PE secondary buyout into AI-adjacent data-center thermal infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net \u2014 Blackstone Capital Partners and Blackstone Energy Transition Partners entered a definitive agreement on September 10 to acquire Flow Control Holdings (FCH) from Audax\u2026 <a class=\"continue_reading_link btn btn-mini\" href=\"https:\/\/hedgeco.net\/news\/09\/2026\/blackstone-agreed-to-acquire-flow-control-holdings-from-audax.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":95757,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[19413,8519,19415,19414,19416],"class_list":["post-95758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-equity","tag-audax","tag-blackstone","tag-data-center-cooling","tag-flow-control-holdings","tag-liquid-cooling"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=95758"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/95758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/95757"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=95758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=95758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=95758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}