TPG Capital-backed TPG Rise Climate completed the acquisition of MIRATECH.

TPG Capital-backed TPG Rise Climate, a climate investing platform, completed the acquisition of MIRATECH, an aftermarket emissions and noise reduction technology services provider. Financial terms were not disclosed. “As energy demand related to AI and cloud migration increases, there is an opportunity to expand MIRATECH’s market leadership amongst data center emergency backup power providers. We are also seeing increasing emissions regulations and air quality standards around the world, including further caps on methane emissions, which our products are well-placed to address. With the capital and expertise from TPG Rise Climate, we look forward to capitalizing on the substantial growth and emissions reductions opportunities ahead," David Zenthoefer, MIRATECH CEO.