Baird has substantial experience working with manufacturers of highly engineered thermal technology products, having completed over 25 transactions since 2004. Thermal technology products include systems, equipment and components used to regulate temperature in industrial processes and manufactured products and control climate in commercial buildings, infrastructure, residences and vehicles. Products include boiler and energy efficiency systems, combustion burners, heat exchangers, electronic heat sinks, HVACR solutions and components and thermal interface materials, among others. Favorable secular growth trends that underpin increasing demand for thermal technology including energy efficiency, emissions control, urbanization, aftermarket demand and increasing magnitude and complexity of thermal challenges faced by developers of innovative products across a range of end markets. With the significant diversity of thermal technology applications and end markets, Baird’s unique collaborative approach to investment banking client service combined with our outstanding research platform position us well to provide high value-add service our clients.