# Blackstone Energy Transition Partners to acquire majority stake in Advanced Cooling Technologies

Funds managed by Blackstone Energy Transition Partners entered into a definitive agreement to acquire a majority stake in Advanced Cooling Technologies, a U.S. manufacturer of thermal management solutions.

- Type: Acquisition
- Announced: 2026-03-11
- Where: Pennsylvania, United States
- Status: announced
- Products: thermal management solutions, two-phase liquid cooling, heat pipes, cold plates
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Advanced Cooling Technologies](https://endata.com/companies/11924.md) (target)
- [Blackstone Energy Transition Partners](https://endata.com/companies/90815.md) (acquirer)

## Sources

- [barchart.com](https://www.barchart.com/press-releases/686039/blackstone-energy-transition-partners-announces-agreement-to-acquire-majority-stake-in-advanced-cooling-technologies), 2026-03-11: "Blackstone (NYSE: BX) and Advanced Cooling Technologies, Inc. (“ACT”) announced today that funds managed by Blackstone Energy Transition Partners (“Blackstone”) have entered into a definitive agreement to acquire a majority stake in ACT, a leading U.S. manufacturer of highly-engineered thermal manag"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.