Cequel III-Led Investor Group Acquires Controlling Interest in DDC Cabinet Technology
Acquiring Company
Cequel III
Acquired Company
DDC Solutions
Description
Cequel III, with Thompson Street Capital Partners, has acquired a controlling interest in global leader DDC Cabinet Technology, specializing in innovative data center cabinet and cooling solutions. Co-founders Chris Orlando and Mark Ortenzi will continue as minority investors, while Keith Markley becomes the CEO of DDC Cabinet Technology. The investment is aimed at further expanding the reach and scalability of DDC technology as demand for high-density data center products increases.
Quick answer
Cequel III is acquiring DDC Solutions, announced January 31, 2024. Cequel III is based in St. Louis, Missouri, United States.
- How much did Cequel III pay for DDC Solutions?
- The deal value was not disclosed.
- What does Cequel III do?
- Cequel III is a private investment firm based in St. Louis, Missouri.
- Where are Cequel III and DDC Solutions based?
- Cequel III is based in St. Louis, Missouri, United States. DDC Solutions is based in San Diego, California, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired DDC Solutions?
DDC Solutions was acquired by Cequel III, based in St. Louis. The deal was reported on January 31, 2024. Cequel III is a private investment firm based in St. Louis, Missouri. Cequel III is privately held and operates in Venture Capital.
When did Cequel III acquire DDC Solutions?
Cequel III's acquisition of DDC Solutions was reported on January 31, 2024. Cequel III, with Thompson Street Capital Partners, has acquired a controlling interest in global leader DDC Cabinet Technology, specializing in innovative data center cabinet and cooling solutions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does DDC Solutions do?
DDC Solutions, formerly DDC Cabinet Technology, is the global leader of award-winning hybrid liquid-air cooling cabinet technology and dynamic monitoring and management DCIM software. It is privately held, operating in Information Technology, and is based in San Diego.
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