ACT designs and manufactures thermal management and energy efficiency systems for data centers, space, defense, energy, electronics, HVAC, and enclosure cooling applications, including two-phase liquid cooling, heat pipes, cold plates, and environmental control units.
The transaction positions ACT for expanded manufacturing capacity as thermal management requirements grow with increasing power density in data centers and high-performance computing.
Reed Smith provided support on transaction execution and multi-jurisdictional regulatory approvals in the United States and abroad. The deal team was led by Jonathan Moyer, Sue Nieto, Kristen Capriotti, and Ron Scharnberg and included Allison Sizemore, Michelle Mantine, Mark Goldstein, Alaina Billingham, Erin Kranick, Megan Finelli, Ana Matovic, Batool Banker, Leah Hungerman, Nicole Kaplan, and Jessica Henschel.
About Reed Smith
Reed Smith is a dynamic international law firm dedicated to helping clients move their businesses forward. With an inclusive culture and innovative mindset, we deliver smarter, more creative legal services that drive better outcomes for our clients. Our deep industry knowledge, long-standing relationships and collaborative structure make us the go-to partner for complex disputes, transactions, and regulatory matters.