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DRC Heat Transfer

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Namestring
DRC Heat Transfer
Legal namestring
DRC Heat Transfer
Websiteurl
drcht.com
Company typeenum
Private
Founded yearint
1970
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersMelrose Park, United States
HQ citystring
Melrose Park
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
custom heat exchangers, data center cooling, thermal management solutions, power generator cooling, industrial heat transfer
Industry3 codes
1Heat Exchangers & Thermal Transfer Equipment
CodeIMAHAKACPrimaryYes
2Cooling Systems & Thermal Management (CRAC/CRAH, Chillers, Liquid Cooling)
CodeHDABAKADPrimaryNo
3Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers)
CodeIMAHAEACPrimaryNo
NAICS code2 codes
  • Power Boiler and Heat Exchanger Manufacturing33241
  • Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing33341
SIC code2 codes
  • Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip3585
  • Heating Equipment, Except Electric & Warm Air Furnaces3433
Product category
Heat Transfer and Cooling Equipment Manufacturing
Social media profiles1 record
Revenue model1 record
1Heat Transfer Equipment Manufacturing
TypeHardware Sales
Description

Design and manufacture of custom heat transfer and cooling solutions sold to power generator manufacturers serving data centers

smiths.com
Cost components6 values
Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

DRC Heat Transfer is a US-based designer and manufacturer of custom heat transfer and cooling solutions, including heat exchangers and thermal management equipment, primarily serving the power generator market for data center backup power and mission-critical cooling applications. The company produces engineered-to-order thermal hardware rather than standardized catalog products, and generated approximately £73 million in revenue in calendar year 2025.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

DRC Heat Transfer is a US-based designer and manufacturer of custom heat transfer and cooling solutions. The company operates as a single focused product line serving the power generator market for data centers, generating £73 million in revenue in 2025. The company has been acquired by Smiths Group for £164 million (representing a 10x adjusted EBITDA multiple for calendar year 2025) and will be integrated into Smiths' Flex-Tek industrial heat business, strengthening its thermal solutions capabilities and expanding into data center backup power and mission-critical applications.

Product and service1 record
1Custom Heat Transfer Solutions
CategoryHeat Transfer and Cooling Equipment
Description

Engineered-to-order heat transfer and cooling equipment, including heat exchangers and related thermal hardware, designed and manufactured for power generator manufacturers serving data center backup power and mission-critical cooling applications.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Recent move2 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Vertiv provides critical digital infrastructure including power, cooling, and IT systems for data centers. Operates in the same customer ecosystem as DRC (data center thermal management) but as a much broader portfolio incumbent.

TypeDirect peer
Description

ACT engineers custom heat pipes, cold plates, loop thermosiphons, and specialty heat exchangers for industrial and electronics applications. Comparable to DRC in delivering engineered-to-order thermal management hardware to demanding mission-critical use cases.

TypeEmerging player
Description

CoolIT specializes in rack-scale liquid cooling solutions (CDUs and cold plates) for high-density data center applications. Adjacent to DRC's heat exchanger focus, targeting the same end-customer base as the data center thermal landscape shifts to direct liquid cooling.

TypeDirect peer
Description

Lytron designs and manufactures custom heat exchangers, cold plates, and chillers for OEMs and data center applications. It is highly comparable to DRC because both supply custom-engineered thermal transfer solutions to industrial and electronics customers.

TypeBroad incumbent
Description

Alfa Laval is a large global industrial group with a broad heat exchanger portfolio spanning energy, marine, and HVAC. Overlaps with DRC's thermal transfer equipment category but serves many more end-markets at scale.

TypeDirect peer
Description

API Heat Transfer manufactures brazed plate, gasketed plate, and shell-and-tube heat exchangers for industrial and power markets. Closely matches DRC's custom heat exchanger manufacturing footprint and end-market exposure.

TypeDirect peer
Description

Mayekawa manufactures industrial refrigeration and heat pump systems for cold-chain and process cooling. Comparable custom-engineered thermal equipment manufacturer with strong presence in specialized industrial cooling.

TypeOthers
Description

Rittal produces IT enclosures and air/liquid cooling systems for data centers. Adjacent ecosystem participant - serves the same data center infrastructure customers with complementary thermal hardware.

TypeDirect peer
Description

Kelvion is a global heat exchanger manufacturer serving power, oil & gas, HVAC, and data center markets. Directly comparable to DRC's custom-engineered thermal solutions for power generation applications.

TypeBroad incumbent
Description

Boyd (formed from Aavid Thermalloy/Thermacore) supplies thermal management solutions, heat sinks, and heat exchangers across automotive, aerospace, electronics, and power markets. Comparable thermal product set but at much wider portfolio scale than DRC.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

DRC Heat Transfer

Heat Transfer and Cooling Equipment Manufacturingdrcht.com

DRC Heat Transfer firmographics

Firmographics
Name
DRC Heat Transfer
Legal name
DRC Heat Transfer
Website
https://drcht.com
Company type
Private
Founded year
1970
Operating status
Operating
Headcount range
51–100 employees
Ownership category
akta.pro rank

DRC Heat Transfer industry classification

Industry
Product category
Heat Transfer and Cooling Equipment Manufacturing
NAICS
Power Boiler and Heat Exchanger Manufacturing (33241), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)
SIC
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Heating Equipment, Except Electric & Warm Air Furnaces (3433)
akta.pro primary industry
Heat Exchangers & Thermal Transfer Equipment (IMAHAKAC)
akta.pro secondary industries
Cooling Systems & Thermal Management (CRAC/CRAH, Chillers, Liquid Cooling) (HDABAKAD), Heat Transfer Equipment (Heat Exchangers, Boilers, Condensers) (IMAHAEAC)

Keywords

  • Custom heat exchangers
  • Data center cooling
  • Thermal management solutions
  • Power generator cooling
  • Industrial heat transfer

Where DRC Heat Transfer is headquartered

Location

Headquarters

HQ city
Melrose Park
HQ country
United States
HQ region
North America

Offices1 record

Markets served

DRC Heat Transfer business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Heat Transfer Equipment Manufacturing: Design and manufacture of custom heat transfer and cooling solutions sold to power generator manufacturers serving data centers

DRC Heat Transfer product offering

Product offering

Core offering

DRC Heat Transfer is a US-based designer and manufacturer of custom heat transfer and cooling solutions, including heat exchangers and thermal management equipment, primarily serving the power generator market for data center backup power and mission-critical cooling applications. The company produces engineered-to-order thermal hardware rather than standardized catalog products, and generated approximately £73 million in revenue in calendar year 2025.

Product overview

DRC Heat Transfer is a US-based designer and manufacturer of custom heat transfer and cooling solutions. The company operates as a single focused product line serving the power generator market for data centers, generating £73 million in revenue in 2025. The company has been acquired by Smiths Group for £164 million (representing a 10x adjusted EBITDA multiple for calendar year 2025) and will be integrated into Smiths' Flex-Tek industrial heat business, strengthening its thermal solutions capabilities and expanding into data center backup power and mission-critical applications.

Differentiator

Problem solved

Functional benefit

Products and services

  • Custom Heat Transfer Solutions Engineered-to-order heat transfer and cooling equipment, including heat exchangers and related thermal hardware, designed and manufactured for power generator manufacturers serving data center backup power and mission-critical cooling applications.

Companies that use DRC Heat Transfer

Customer profile

Segments1 record

Ideal customer profiles1 record

DRC Heat Transfer technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

DRC Heat Transfer partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves2 records

Expansion highlights3 records

DRC Heat Transfer competitors and assessment

Company assessment

Broad incumbents

  • Vertiv: Vertiv provides critical digital infrastructure including power, cooling, and IT systems for data centers. Operates in the same customer ecosystem as DRC (data center thermal management) but as a much broader portfolio incumbent.
  • Alfa Laval: Alfa Laval is a large global industrial group with a broad heat exchanger portfolio spanning energy, marine, and HVAC. Overlaps with DRC's thermal transfer equipment category but serves many more end-markets at scale.
  • Boyd Corporation: Boyd (formed from Aavid Thermalloy/Thermacore) supplies thermal management solutions, heat sinks, and heat exchangers across automotive, aerospace, electronics, and power markets. Comparable thermal product set but at much wider portfolio scale than DRC.

Direct peers

  • Advanced Cooling Technologies (ACT): ACT engineers custom heat pipes, cold plates, loop thermosiphons, and specialty heat exchangers for industrial and electronics applications. Comparable to DRC in delivering engineered-to-order thermal management hardware to demanding mission-critical use cases.
  • Lytron: Lytron designs and manufactures custom heat exchangers, cold plates, and chillers for OEMs and data center applications. It is highly comparable to DRC because both supply custom-engineered thermal transfer solutions to industrial and electronics customers.
  • API Heat Transfer: API Heat Transfer manufactures brazed plate, gasketed plate, and shell-and-tube heat exchangers for industrial and power markets. Closely matches DRC's custom heat exchanger manufacturing footprint and end-market exposure.
  • Mayekawa: Mayekawa manufactures industrial refrigeration and heat pump systems for cold-chain and process cooling. Comparable custom-engineered thermal equipment manufacturer with strong presence in specialized industrial cooling.
  • Kelvion: Kelvion is a global heat exchanger manufacturer serving power, oil & gas, HVAC, and data center markets. Directly comparable to DRC's custom-engineered thermal solutions for power generation applications.

Emerging players

  • CoolIT Systems: CoolIT specializes in rack-scale liquid cooling solutions (CDUs and cold plates) for high-density data center applications. Adjacent to DRC's heat exchanger focus, targeting the same end-customer base as the data center thermal landscape shifts to direct liquid cooling.

Others

  • Rittal: Rittal produces IT enclosures and air/liquid cooling systems for data centers. Adjacent ecosystem participant - serves the same data center infrastructure customers with complementary thermal hardware.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

DRC Heat Transfer social profiles

Digital presence

DRC Heat Transfer financial estimates

Financial estimate

Revenue estimate

Valuation estimate

DRC Heat Transfer leadership team

Management profile

Number of profiles

DRC Heat Transfer funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

DRC Heat Transfer M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DRC Heat Transfer

What does DRC Heat Transfer do?

DRC Heat Transfer is a US-based designer and manufacturer of custom heat transfer and cooling solutions, including heat exchangers and thermal management equipment, primarily serving the power generator market for data center backup power and mission-critical cooling applications. The company produces engineered-to-order thermal hardware rather than standardized catalog products, and generated approximately £73 million in revenue in calendar year 2025.

Is DRC Heat Transfer a public or private company?

DRC Heat Transfer is a private company. It is classified as corporate owned and is currently operating.

When was DRC Heat Transfer founded?

DRC Heat Transfer was founded in 1970. It employs 51 to 100 people.

Where is DRC Heat Transfer based?

DRC Heat Transfer is headquartered in Melrose Park, United States, in the North America region.

How does DRC Heat Transfer make money?

One revenue line is on record: heat Transfer Equipment Manufacturing.

Who are DRC Heat Transfer's main competitors?

Broad incumbents on record are Vertiv, Alfa Laval and Boyd Corporation. Direct peers are Advanced Cooling Technologies (ACT), Lytron, API Heat Transfer, Mayekawa and Kelvion. CoolIT Systems is listed as an emerging player. Rittal is listed as an others.

Does DRC Heat Transfer have an API?

No public API is recorded for DRC Heat Transfer.

What industry is DRC Heat Transfer in?

DRC Heat Transfer's product category is Heat Transfer and Cooling Equipment Manufacturing. Its primary akta.pro industry code is IMAHAKAC, Heat Exchangers & Thermal Transfer Equipment, with a secondary code of HDABAKAD, Cooling Systems & Thermal Management (CRAC/CRAH, Chillers, Liquid Cooling). Its NAICS code is 33241 and its SIC code is 3585.

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Live signals
YahooSmiths Group H2 Earnings Call HighlightsSmiths Group reported fiscal 2026 organic revenue growth of 1.2% to £1.9 billion and operating margin expansion to 20.6%. The company sold Smiths Interconnect and Detection for £3.3 billion, acquired DRC Heat Transfer for £165 million, and plans £1.5 billion in share repurchases. Fiscal 2027 guidance expects about 4% organic revenue growth and a 21% operating margin.MarketScreenerUK's Smiths Group beats profit forecasts, seeks sale of US asbestos liabilitySmiths Group reported full-year operating profit above forecasts and began selling its US asbestos liability. Adjusted operating profit was £399 million, beating the £388 million consensus. The company expects to meet its 5%-7% organic growth target sooner.RTTNewsSmiths Group To Acquire DRC Heat Transfer For GBP 164 MlnSmiths Group agreed to acquire DRC Heat Transfer for GBP 164 million, a 10x adjusted EBITDA multiple for 2025. The deal is expected to complete in H2 fiscal 2026 and integrate DRC into Flex-Tek's industrial heat business, expanding its power generation and data centre back-up power markets.Sharecast.comSmiths Group to acquire DRC Heat Transfer for £164mSmiths Group, a FTSE 100-listed company, has agreed to acquire DRC Heat Transfer for £164 million, with the deal expected to complete in the second half of 2026. The acquired business will be integrated into Smiths' Flex-Tek unit, strengthening its industrial heat operations and expanding its presence in the power generation market, particularly in data centre back-up power and mission-critical applications. CEO Roland Carter described the acquisition as strategic progress that broadens Flex-Tek's capabilities and increases its addressable market into faster-growing adjacencies.Smiths GroupSmiths acquires DRC Heat TransferSmiths Group has agreed to acquire DRC Heat Transfer for £164 million, representing a 10x adjusted EBITDA multiple for calendar year 2025. DRC is a US-based designer and manufacturer of custom heat transfer and cooling solutions primarily serving the power generator market for data centres, generating £73 million in revenue in 2025. The acquisition will integrate DRC into Smiths' Flex-Tek industrial heat business and is expected to complete in the second half of fiscal year 2026, subject to customary approvals.DirectorsTalk InterviewsSmiths to acquire DRC Heat Transfer to expand data centre capabilitiesSmiths Group plc has agreed to acquire US-based DRC Heat Transfer for £164m, representing a 10x adjusted EBITDA multiple for calendar year 2025. DRC designs and manufactures custom heat transfer and cooling solutions primarily for data centre power generators, generating £73m in revenue in 2025. The acquisition will be integrated into Smiths' Flex-Tek industrial heat business and is expected to complete in the second half of fiscal year 2026, subject to customary approvals.