Goodwin Advises Alloy Enterprises in Acquisition by Global Thermal Management Leader

The Technology and Global M&A teams represented Alloy Enterprises, Inc., in its acquisition by Johnson Controls, a global leader in thermal management, mission-critical building systems, energy efficiency, and decarbonization.

Founded in 2020, Alloy Enterprises develops and manufactures advanced aluminum and copper thermal‑management components for data centers, defense, industrial systems, and high‑performance computing using its novel Stack Forging fabrication process. Alloy Enterprises supports customers from design through production, enabling rapid deployment of custom, reliable heat‑transfer components.

The acquisition strengthens Johnson Controls’ data center cooling portfolio and advances its end-to-end thermal management capabilities.

The deal team for this transaction included Giselle Rivers, Matthew Reardon, Conner Pine, Justin Brogan, Justin Pierce, Stephen Migala, Sofia Anna Polishchuk, Sarah Bock, Rahat Tariq, Christina Lewis, Ana Alvarado, Steve Argentieri, Thomas Serino, Daniel Karelitz, Shlomo Gottesman, Gabe Maldoff, Aaminah Bhat, Ai Tajima, Nathan Brodeur, John Goheen, Kevin Walsh, and Andrew Jensen, with invaluable assistance from Matthew Rosencranz, Matthew Kane, Askhari Little, Artimus Cunningham, Nick O’Grady, Scott Zilora, Kees van der Kooij, and Matthew Denny.

For more information on the transaction, please read the press release.