Article

Triton has sold a majority stake in Kelvion, a leader in energy-efficient heat exchange solutions, to Apollo-managed funds while retaining a minority interest. This transaction marks one of Triton's significant exits in 2024, highlighting the growing investor interest in thermal management technologies for high-tech and green-tech markets. Kelvion specializes in solutions for carbon capture, hydrogen, and renewable energy systems, aimed at enhancing efficiency and reducing environmental impact.