Divcon Controls announced it received a new investment from Sustainable Investing at Goldman Sachs Alternatives that it said will recapitalize the company and position Divcon to expand market share in mission-critical data centers as well as invest in new product offerings.

Divcon is a Dallas-based systems integrator delivering facility management automation and monitoring solutions primarily to the mission-critical data center market. The amount of the investment was not released.

In providing a seamlessly integrated controls system, Divcon said it has increased the reliability and uptime of the mission-critical facilities that it serves. The integration of system controls and building automation systems also optimizes the energy used to cool data center facilities by increasing equipment efficiency, the company said.

“Welcoming an investor like Goldman Sachs is game-changing for us. Their extensive network and global reach should significantly enhance our capabilities and allow us to expand our services to a wider market,” John Palacios, co-founder and chairman at Divcon Controls, said in a statement.

With the investment, Divcon said that Goldman Sachs will look to bring its network and global resources to help accelerate Divcon’s growth within the mission-critical market sector. Divcon said the investment will help it explore new markets and broaden its offerings, while continuing to improve service to the company’s world-class customer base.

“We are excited to partner with Divcon’s management team to accelerate the company’s growth. Divcon is valued by its customers for its flexibility, depth of technical expertise and customer-centric approach,” Jeff Possick, managing director in Sustainable Investing at Goldman Sachs Alternatives, said in a statement. “We are attracted by the secular tailwinds in data center construction – which have only accelerated with the adoption of AI – combined with increasing focus on reducing the energy load that data centers require to operate.”

Divcon said that the investment will help it grow.

“As a management team we believe that the resources of Goldman will not only assist us in better servicing our existing customers but will allow Divcon to reach new levels within the mission-critical market,” Ben Crowell, co-founder and CEO at Divcon Controls, said in a statement. “The global footprint, technical resources, and financial backing that Goldman Sachs brings to our partnership will play an instrumental role in the future success and growth of Divcon.”

Divcon Controls provides building management and electrical power monitoring systems to mission-critical facilities, enabling the customer to control, automate & monitor energy and power functions.

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