Divcon Controls Announces Investment from Goldman Sachs Alternatives
Summary
Divcon is valued by its customers for its flexibility, depth of technical expertise and customer-centric approach, said Jeff Possick, managing director in Sustainable Investing at Goldman Sachs Alternatives. Their extensive network and global reach should significantly enhance our capabilities and allow us to expand our services to a wider market.As a management team we believe that the resources of Goldman will not only assist us in better servicing our existing customers but will allow Divcon to reach new levels within the mission critical market, said Ben Crowell, Co-Founder and CEO at Divcon Controls. The global footprint, technical resources, and financial backing that Goldman Sachs brings to our partnership will play an instrumental role in the future success and growth of Divcon.Headquartered in Dallas, TX, Divcon Controls provides building management and electrical power monitoring systems to mission critical facilities, enabling the customer to control, automate & monitor energy and power functions. With over 9 million square feet of white space under management and more than 1 gigawatt commissioned since 2017, Divcon is one of the largest independent control systems contractors globally specializing in colocation data centers and mission critical facilities. Divcon strives to accomplish this through technology, innovation, and client-focused personal service.Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $450 billion in assets and more than 30 years of experience.