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Announced

Completed

Goldman Sachs completed the $50m investment in Phononic.

Financials

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Transaction Value£36m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Friendly

United States

Production Technology Equipment

Completed

cooling tech

Majority

Private

Single Bidder

Domestic

Acquisition

Synopsis

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Goldman Sachs completed the $50m investment in Phononic, a climate friendly cooling tech firm. "The historical refrigerants that had been used for vapor compression systems, they are both toxic and global warming contributors. While the global warming impact had been reduced, refrigerants still had issues with toxicity and flammability," Tony Atti, Phononic Co-founder and CEO.

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