buyout·deskPrivate equity, daily
Fri, Jul 24, 2026
Daily briefFriday, July 24, 2026
6 deals tracked · Updated 10:11 AM PDT·Full deal sheet
Exit·Industrials/Manufacturing·May 13, 2026

Orix Capital Partners sells Alloy Enterprises to Johnson Controls

The deal adds a proprietary manufacturing process and enhanced heat transfer efficiency to Johnson Controls' data center cooling portfolio.

Takeaways

  • Alloy Enterprises is a thermal management platforms for high-performance data centers and mission-critical industrial applications.
  • Orix Capital Partners is selling Alloy Enterprises to Johnson Controls.
  • The business serves high-performance data centers and mission-critical industrial applications.
BuyerJohnson Controls
TargetAlloy Enterprises
SponsorOrix Capital Partners
SellerOrix Capital Partners
TypeExit
IndustryIndustrials
Sub-sectorManufacturing

Johnson Controls has purchased Alloy Enterprises from Orix Capital Partners, gaining a proprietary manufacturing process and enhanced heat transfer technology that deepens its end-to-end data center cooling capabilities.

Alloy, based in Boston, developed a thermal management platform for high-performance data centers and mission-critical industrial applications.

The platform improves efficiency and heat transfer across a range of cooling systems, complementing Johnson Controls' existing suite of data center cooling technologies.

Johnson Controls, a global provider of thermal management, building systems, and energy efficiency solutions, announced the acquisition in February and closed the transaction.

CEO Joakim Weidemanis said the Alloy team will join the company and help address demand for thermal performance in AI-driven and mission-critical environments.