Blackstone to Acquire Flow Control Holdings, a Leader in Highly Engineered Data Center Liquid Cooling Components
New York, NY – September 10, 2026 – Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone Capital Partners and Blackstone Energy Transition Partners (collectively “Blackstone”) have entered into a definitive agreement to acquire Flow Control Holdings (“FCH”), a leading U.S. provider of highly engineered flow control solutions and components for the data center liquid cooling, food, beverage, and pharmaceutical markets, from Audax Private Equity (“Audax”). As part of the transaction, Audax will retain a minority equity stake in FCH, continuing to partner with Blackstone and management to support the company.
Headquartered in Cincinnati, Ohio, FCH’s highly engineered, high-performance components are used by original equipment manufacturers (OEM) and hype...








