Ironwood Capital invests in LDR Partners LP's acquisition of Active Radiator, integrating it into a unified platform to enhance operational capabilities in the heavy-duty cooling equipment industry.

Target Company Information

Active Radiator, based in Philadelphia, Pennsylvania, is a prominent manufacturer, servicer, and distributor of heavy-duty cooling equipment. The company caters to both on-road and off-road vehicle applications and provides a diverse range of commercial and industrial heat exchanger solutions. With a network of 13 locations spanning nine states, Active Radiator is well-equipped to deliver design, build, along with service and repair capabilities to its clientele.

In conjunction with its existing investments, LDR Partners LP will integrate Active into its operations, creating a cohesive platform named Active Thermal Solutions. This collaboration aims to enhance operational efficiencies and expand service offerings across a broader geographical footprint.

Industry Overview in the United States

The heavy-duty cooling equipment industry in the United States is a vital aspect of various sectors, including power generation, construction, and transportation. As the demand for robus