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

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 provides technology solutions to capture, recover and re-use CO2 emissions from small-scale sources. To increase accessibility and impact, they offer support services, financing, and CO2 recycling to their customers worldwide. Earthly Labs has pursued B Corporation status to affirm their commitment to using business as a force for good. B Corp certification provides the legal framework for achieving economic, social and environmental value.

HTEC Hydrogen Technology & Energy

Private Equity Round in 2021
HTEC is a privately held company located in North Vancouver British Columbia, Canada dedicated to realizing the opportunities presented from the exciting new Hydrogen Energy Systems such as Fuel Cells that are being developed around the world.

L.A. Turbine

Acquisition in 2021
L.A. Turbine specializes in the engineering, manufacturing, and aftermarket services of turbo-expander products. The company designs and produces equipment for hydrocarbon processing, geothermal power generation, and various power-recovery or refrigeration applications in industrial settings. Its offerings include advanced components such as magnetic bearings, inlet guide vane systems, automatic thrust balance systems, seals, programmable logic control systems, and lube oil systems. L.A. Turbine is focused on delivering high-quality solutions to enhance the efficiency and performance of industrial processes.

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 is a prominent provider of carbon capture and removal solutions, focusing on the development and manufacture of innovative solid sorbents, structured adsorbent filters, and rotary contactor machines. The company's technology is designed for post-combustion industrial carbon capture and direct air capture, addressing hard-to-decarbonize emissions from industries such as cement, hydrogen, oil and gas, and steel. Svante's solid sorbent-based technology is both environmentally responsible and scalable, allowing for effective CO2 capture that meets pipeline-grade purity standards. This captured carbon can be safely transported, stored underground, or repurposed for various applications. By forming partnerships across the global carbon capture, utilization, and storage (CCUS) value chain, Svante aims to facilitate the implementation of source-to-sink carbon capture projects, helping enterprises reduce emissions while managing capital costs and energy use effectively.

HTEC Hydrogen Technology & Energy

Corporate Round in 2020
HTEC is a privately held company located in North Vancouver British Columbia, Canada dedicated to realizing the opportunities presented from the exciting new Hydrogen Energy Systems such as Fuel Cells that are being developed around the world.

Sustainable Energy Solutions

Acquisition in 2020
Sustainable Energy Solutions, Inc. specializes in developing and commercializing carbon capture technologies aimed at addressing sustainability challenges within the energy sector. Founded in 2008 and based in Orem, Utah, the company offers a range of products, including air-cooled and brazed aluminum heat exchangers, refrigeration and liquefaction systems, as well as cryogenic storage and transport equipment. These innovations are designed to significantly reduce emissions from fossil fuels and provide efficient, affordable alternatives for energy storage and pollutant management. As a subsidiary of Chart Industries, Inc., Sustainable Energy Solutions focuses on creating environmentally friendly technologies that support the transition towards sustainable energy practices.

BlueInGreen

Acquisition in 2020
BlueInGreen employs a dedicated team of industry experienced professionals including regional managers, applications engineers, and technicians. Their team is focused on developing the most efficient solutions for side-stream gas dissolution and injection available. The company also providing the most efficient method of delivering dissolved oxygen, carbon dioxide, and ozone into water. The BlueInGreen team delivers solutions for water quality – utilizing the most efficient and effective sidestream gas dissolution technologies available. Of course, great technology is only part of the equation if treatment objectives are to be met, the technology must be applied properly. Fortunately, their industry experienced experts are available to assist with the details of their project. BlueInGreen was formed in 2004 with one goal in mind to provide innovative new solutions for improving and maintaining water quality at a lower cost.

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 that specializes in the design and manufacture of pressure equipment tailored for the cryogenic and energy sectors, particularly within the petrochemical industry. The company operates highly automated, purpose-built facilities to produce a range of equipment, including those used in petrochemical refining, fertilizer refining, oil drying, and alkylation processes. Additionally, VRV Group manufactures equipment such as flash reactors and oil refining machinery, serving critical functions in energy and petrochemical applications.

VCT Vogel

Acquisition in 2017
VCT Vogel GmbH, founded in 2001 and based in Gablingen, Germany, provides specialized welding and electrical contract services. The company is recognized for its expertise in servicing cryogenic and mobile gas tank equipment and trucks. Its offerings include vehicle construction and repair, along with related services tailored to the needs of 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 Corp. has designed and manufactured air-cooled heat exchanger equipment to serve the oil, gas and petrochemical processing industries. Through continuous innovation, Hudson Products became the pioneer in this field, developing internationally recognized trademarks such as Fin-Fan® Air-Cooled Heat Exchangers, Hy-Fin Extruded Finned Tubing, and Tuf-Lite and Tuf-Lite II FRP Axial Flow Fans for air coolers and cooling towers.

Hetsco

Acquisition in 2017
Hetsco is synonymous with providing highly skilled, emergency, specialty welding and construction services to the natural gas processing, petrochemical and air gas separation industries. Having completed site repairs across 44 states and more than 35 countries, Hetsco boasts a proud heritage of getting customer plants back on-line quickly and safely.

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. specializes in the manufacturing of oxygen-generating systems for both medical and industrial applications. The company designs and produces a range of stationary and portable oxygen concentrators tailored for medical use, including models such as the ultra-lightweight Focus, FreeStyle, and VisionAire. In addition to its medical offerings, AirSep provides air separation oxygen generation systems for industrial purposes, utilizing technologies like Pressure Swing Adsorption (PSA) and Vacuum Pressure Swing Adsorption (VPSA).

GOFA Gocher Fahrzeugbau

Acquisition in 2011
GOFA Gocher Fahrzeugbau designs, manufactures, sells, and services cryogenic and non-cryogenic mobile equipment primarily.

Clever Fellows Innovation Consortium

Acquisition in 2011
Clever Fellows Innovation Consortium develops and manufactures thermoacoustic technology products for cryogenic, heat transfer, and related applications.
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