MIAMI (July 16, 2025) – Holland & Knight advised LDR Partners LP in the acquisition of Active Radiator, a leading U.S.-based manufacturer, servicer and distributor of heavy-duty cooling equipment. Active Radiator will now operate alongside Cincinnati Radiator and Ohio Heat Transfer under a unified platform known as Active Thermal Solutions. The combination forms the largest U.S. heavy manufacturing platform for aluminum industrial heat exchangers. The transaction closed on July 3.
Based in Houston, LDR Partners is a private equity firm focused on control investments in lower middle-market industrial manufacturing businesses.
Holland & Knight's representation of LDR Partners was led by Partner Stephen Sandiford and Associate Samson Goriola (M&A). They were assisted by Partner Christopher Marotta and Associate Emily Nguyen (Tax); Partner Letitia Moore (Environmental); Partner Christine Gay (Employee Benefits); Associate David Sheperd (Real Estate); and Associate Benjamin Tyler (Litigation).
More information on the transaction can be found here.
Recently recognized as the Private Equity Law Firm of the Year by the Global M&A Network, Holland & Knight regularly ranks among the leading M&A and private equity law firms in reputable, benchmarking league tables published by Bloomberg, LSEG, Mergermarket, PitchBook and The Deal. Through the HK Deal Flow℠ program, Holland & Knight facilitates deal leads for clients and prospective clients by matching acquisition or capital raising opportunities with buyers and investors.