Chart Industries

Chart Industries, Inc. is a global manufacturer of engineered equipment tailored for the energy and industrial gas sectors. The company operates through four key segments: Distribution & Storage in both the Eastern and Western Hemispheres, Energy & Chemicals Cryogenics, and E&C FinFans. Its product offerings include a range of heat exchangers, cryogenic solutions, and bulk gas installations, catering to the storage, distribution, and vaporization of industrial gases. Additionally, Chart Industries produces equipment for liquefied natural gas delivery and storage, as well as specialized containment vessels for biological materials in medical and research applications. The company also focuses on service and support, providing plant start-up, maintenance, and process optimization services. Founded in 1992 and headquartered in Ball Ground, Georgia, Chart Industries has expanded its capabilities with significant acquisitions, enhancing its product portfolio and market presence in cryogenic and gas processing applications.

Jillian Evanko

President, CEO and Board Member

Kenneth Webster

Executive Vice President and CFO

23 past transactions

Howden Group

Acquisition in 2022
Howden Group Ltd. is a manufacturer based in Renfrew, United Kingdom, specializing in air and gas handling equipment. The company designs and produces a wide range of products, including axial and centrifugal fans, compressors, rotary lobe blowers, and heating solutions. It also offers aftermarket services such as spare parts supply, repairs, and refurbishments. Howden serves various industries, including HVAC, waste water treatment, power generation, and petrochemicals, among others, helping clients achieve environmental and operational compliance. Established in 1949, Howden Group is committed to providing engineered solutions that enhance efficiency and support sustainable practices across its diverse customer base.

cryogenic service center

Acquisition in 2022
cryogenic service center offer turnkey solution for service and maintenance of vacuum insulated transport containers for liquid gases.

Earthly Labs

Acquisition in 2021
Earthly Labs specializes in developing small-scale carbon capture systems aimed at addressing emissions from various industrial sources. The company's technology captures, recycles, and reuses carbon dioxide, primarily recovering it from fermentation and brite tanks in industries such as breweries, wineries, distilleries, and cannabis. By providing these solutions, Earthly Labs helps businesses promote sustainability, improve resource efficiency, comply with environmental regulations, and enhance their overall environmental responsibility. To further its mission, the company offers support services and financing to increase accessibility and impact for its customers worldwide. Additionally, Earthly Labs is pursuing B Corporation certification to solidify its commitment to leveraging business as a force for good, ensuring economic, social, and environmental value.

HTEC Hydrogen Technology & Energy

Private Equity Round in 2021
HTEC Hydrogen Technology & Energy is a privately held company based in North Vancouver, British Columbia, focused on advancing hydrogen energy systems, particularly fuel cells. The company specializes in the design, development, and operation of hydrogen fuel supply infrastructure, which includes hydrogen generation, distribution, and refueling solutions. HTEC collaborates with various stakeholders, such as government entities, industrial gas companies, equipment suppliers, and automotive and energy firms to facilitate the deployment of hydrogen fuel cell electric vehicles. By providing innovative and sustainable hydrogen solutions, HTEC aims to contribute to a safe, reliable, and cost-effective hydrogen ecosystem.

L.A. Turbine

Acquisition in 2021
L.A. Turbine specializes in the design, manufacturing, and aftermarket services of turbo-expander products. The company serves various industries, including hydrocarbon processing and geothermal power generation, focusing on power recovery and refrigeration applications in industrial processes. L.A. Turbine's product offerings include advanced technologies such as magnetic bearings, inlet guide vane systems, automatic thrust balance systems, seals, programmable logic control systems, and lube oil systems. Through its engineering expertise, the company aims to enhance operational efficiency and reliability in the markets it serves.

Cryo Technologies

Acquisition in 2021
Cryo Technologies is a privately owned and operated company offering unique cryogenic and non-cryogenic systems and equipment at highly competitive prices and industry-leading deliveries.

Svante

Series D in 2021
Svante Inc., established in 2007 and headquartered in Burnaby, Canada, specializes in carbon capture and removal solutions. The company develops and manufactures novel solid sorbents, structured adsorbent filters, and rotary contactor machines for post-combustion industrial carbon capture and direct air capture. Svante's leading-edge technology captures and concentrates CO2 from heavy industries' emissions and the atmosphere, enabling customers to reduce capital costs and energy consumption. The company partners with global CCUS stakeholders to scale the industry and facilitate source-to-sink carbon capture projects.

HTEC Hydrogen Technology & Energy

Corporate Round in 2020
HTEC Hydrogen Technology & Energy is a privately held company based in North Vancouver, British Columbia, focused on advancing hydrogen energy systems, particularly fuel cells. The company specializes in the design, development, and operation of hydrogen fuel supply infrastructure, which includes hydrogen generation, distribution, and refueling solutions. HTEC collaborates with various stakeholders, such as government entities, industrial gas companies, equipment suppliers, and automotive and energy firms to facilitate the deployment of hydrogen fuel cell electric vehicles. By providing innovative and sustainable hydrogen solutions, HTEC aims to contribute to a safe, reliable, and cost-effective hydrogen ecosystem.

Sustainable Energy Solutions

Acquisition in 2020
Sustainable Energy Solutions, Inc. is a company focused on developing and commercializing innovative carbon capture technologies for the energy sector. Founded in 2008 and headquartered in Orem, Utah, the company offers a range of products including air-cooled heat exchangers, brazed aluminum heat exchangers, refrigeration and liquefaction systems, as well as cryogenic storage and transport equipment. By providing solutions that effectively eliminate emissions from fossil fuels, Sustainable Energy Solutions aims to address sustainability challenges within the industry. Its technologies also encompass energy storage solutions designed to provide affordable and efficient alternatives for grid-scale energy management, contributing to environmental preservation and advancing the shift toward sustainable energy practices.

BlueInGreen

Acquisition in 2020
BlueInGreen, LLC is a water treatment company based in Fayetteville, Arkansas, established in 2004. The company specializes in manufacturing systems that efficiently deliver dissolved gases, such as oxygen, carbon dioxide, and ozone, into water to enhance water quality. Its product offerings include SDOX for aeration and biological processes, CDOX for pH adjustment and water stability, HYDOZ for disinfection and wastewater treatment, and SDOX-CS for odor control and corrosion management. BlueInGreen's technology is designed to meet various applications, including aquaculture and sludge treatment, while aiming to lower treatment costs for clients. The company employs a team of experienced professionals who focus on optimizing the application of their innovative solutions to ensure effective water treatment outcomes. As of November 2020, BlueInGreen operates as a subsidiary of Chart Industries, Inc.

Worthington Industries - Cryogenic Trailer and Hydrogen Trailer Business

Acquisition in 2020
Worthington Industries - Cryogenic Trailer and Hydrogen Trailer Business provide cryogenic and hydrogen trailers for the transport industry.

McPhy Energy

Post in 2020
McPhy Energy S.A. is a French cleantech company based in La Motte, established in 2008. It specializes in developing and supplying equipment for hydrogen production, storage, and distribution, catering to the hydrogen energy, zero-emission mobility, and industrial hydrogen markets globally. The company's product portfolio includes alkaline electrolyzers that facilitate hydrogen production in various capacities, as well as innovative solid-state hydrogen storage solutions. Additionally, McPhy designs and manufactures hydrogen refueling stations and integrated hydrogen solutions, positioning itself as a key player in the transition towards sustainable energy systems.

Air X Changers

Acquisition in 2019
Air-X-Changers is the manufacturer of air-cooled heat exchangers which products are used across a wide variety of industries.

VRV

Acquisition in 2018
VRV Group is a diversified corporation specializing in the design and manufacture of pressure equipment tailored for the cryogenic, energy, and petrochemical sectors. The company operates highly automated, purpose-built facilities that focus on creating advanced machinery for various applications within these industries. Its product offerings include equipment for petrochemical refining, fertilizer refining, oil drying, styrene production, alkylation processes, flash reactors, and oil refining. Through its commitment to innovation and automation, VRV Group aims to meet the evolving needs of its market, providing high-quality solutions for complex industrial processes.

Skaff Cryogenics

Acquisition in 2018
Skaff Cryogenics, Inc. specializes in the repair, sales, and leasing of cryogenic and liquefied natural gas (LNG) tanks and trailers in the United States. Established in 1979 and headquartered in Brentwood, New Hampshire, the company offers high-quality repair and remanufacturing services designed to enhance the efficiency and reliability of industrial storage vessels. Skaff Cryogenics focuses on modifying and redesigning cryogenic and LNG tanks and trailers, ensuring that clients receive cost-effective solutions tailored to their needs. As a subsidiary of Chart Industries, Inc., the company continues to uphold a commitment to quality and innovation in the cryogenics sector.

VCT Vogel

Acquisition in 2017
VCT Vogel GmbH, established in 2001 and located in Gablingen, Germany, specializes in welding and electrical contract services. The company focuses on the repair and servicing of cryogenic and mobile gas tank equipment, including trucks. VCT Vogel provides a range of related services, such as vehicle construction and maintenance, to meet the needs of its clients in the gas industry. As of August 31, 2017, VCT Vogel operates as a subsidiary of Chart Germany GmbH.

Hudson Corp

Acquisition in 2017
Hudson Products Corporation specializes in the design, manufacture, supply, and servicing of air-cooled heat exchanger equipment, primarily catering to the oil, gas, and petrochemical processing industries. The company offers a range of products including air-cooled heat exchangers, extruded finned tubes, tube bundles, and FRP axial flow fans, along with associated structural and mechanical components such as bearings, motors, and gaskets. It provides additional services like airflow testing, vibration analysis, fan balancing, and mechanical equipment condition assessments. Hudson's products are utilized in various applications, including process coolers, cooling tower fans, and gas coolers, serving sectors such as petroleum refining, power generation, and chemical processing both domestically and internationally. Founded in 1939 and headquartered in Beasley, Texas, Hudson Products operates as a subsidiary of Chart Industries, Inc. The company is recognized for its innovation in heat transfer solutions, having established several well-known trademarks in the industry.

Hetsco

Acquisition in 2017
Hetsco, Inc. specializes in providing emergency and specialty welding, construction, and fabrication services to the natural gas processing, petrochemical, and air gas separation industries. Established in 1982 and based in Greenwood, Indiana, the company has extensive experience, having completed projects across 44 states and over 35 countries. Hetsco's services include the fabrication of tanks and pressure vessels, specialized welding for hydrogen reformers, and the repair of aluminum heat exchangers. Additionally, the company offers shop and on-site fabrication of process piping and welded assemblies in various materials, as well as confined space rescue equipment and atmospheric monitoring tools. Hetsco is recognized for its ability to quickly and safely restore customer operations, underscoring its commitment to quality service in the industrial sector.

Thermax

Acquisition in 2015
Thermax is a provider of cryogenic fluid vaporizers utilized in industrial gas, petro-chemical, and liquefied natural gas applications.

Nanjing Xinye Electric Engineering

Acquisition in 2013
Nanjing Xinye Electric Engineering designs, manufactures and sells control systems and dispensers for the LNG, compressed natural gas, and industrial gas industries

AirSep

Acquisition in 2012
AirSep Corp. is a manufacturer specializing in oxygen-generating systems designed for both medical and industrial applications. The company produces a range of stationary and portable oxygen concentrators, including the ultra-lightweight Focus, FreeStyle, and VisionAire models for medical use. In addition to its medical products, AirSep also offers air separation oxygen generation systems tailored for industrial needs, utilizing technologies such as Pressure Swing Adsorption (PSA) and Vacuum Pressure Swing Adsorption (VPSA). Through its innovative solutions, AirSep plays a crucial role in providing essential oxygen supply across various sectors.

GOFA Gocher Fahrzeugbau

Acquisition in 2011
GOFA Gocher Fahrzeugbau specializes in the design, manufacture, sale, and servicing of both cryogenic and non-cryogenic mobile equipment. The company produces a range of vehicles, including tankers, dry bulk, and gas vehicles, specifically engineered for the transport of hazardous materials, such as flammable chemicals and gases. In addition to manufacturing, GOFA provides leasing options for its vehicles and offers comprehensive repair and maintenance services to ensure safety and efficiency in the operation of its products.

Clever Fellows Innovation Consortium

Acquisition in 2011
Clever Fellows Innovation Consortium develops and manufactures thermoacoustic technology products for cryogenic, heat transfer, and related applications.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.