Divcon Controls announces investment from Goldman Sachs Alternatives
Other - FEBRUARY 20, 2024

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Divcon Controls announces investment from Goldman Sachs Alternatives

by Released

Divcon Controls has received an investment from the Sustainable Investing at Goldman Sachs Alternatives. The investment will recapitalize the company and position Divcon to expand market share in mission-critical data centers as well as invest in new product offerings.

With this investment, Goldman Sachs will look to bring its network and global resources to help accelerate Divcon’s growth within the mission-critical market sector. The investment will support Divcon in exploring new markets and broadening its offerings, while continuing to improve service to the Company’s world-class customer base.

“We are attracted by the secular tailwinds in data center construction – which have only accelerated with the adoption of AI – combined with increasing focus on reducing the energy load that data centers require to operate,” said Jeff Possick, managing director in sustainable investing at Goldman Sachs Alternatives.

John Palacios, co-founder and chairman a

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