Advent spins out thermal energy company under Laird brand

December 19, 2018 //By Nick Flaherty
Advent spins out thermal energy company under Laird brand
Private equity firm Advent International has spun out Laird Thermal Energy with the products, technical expertise, global manufacturing and lifecycle services for thermal management.

Advent bough the Laird group last year for around $1bn and has spun off Laird Thermal Systems as an independent end-to-end provider of thermal management in the medical, analytical, telecom, industrial and consumer markets. The company provides has expertise in thermoelectric modules (TEMs), thermoelectric assemblies (TEAs), liquid cooling systems (LCS) and integrated thermal management monitoring, supplying components and full turnkey systems.

"Our customers are faced with maximizing product quality, increasing up-time in the field, and ensuring on-time delivery of their products and solutions. They are designing new products that perform better with more features, all in a smaller package. This adds up to thermal management issues that are more challenging than ever before," said Karine Brand, interim CEO at Laird Thermal Systems. "Advent International has empowered Laird Thermal Systems to invest in the future of thermal management and develop high-quality, cutting-edge solutions that accelerate customer design schedules, improve performance and prolong product operating life."

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