Daedalus Industrial Joins Forces with LongueVue Capital for Strategic Growth
Deal News | May 01, 2025 | LongueVue Capital LLC
LongueVue Capital, a New Orleans private equity firm, has announced its investment in Daedalus Industrial, a renowned company recognized for its building management and control systems, industrial automation solutions, and electrical contracting services. With this strategic partnership, Daedalus Industrial plans to enhance its operational infrastructure to align with increasing demands in power, cooling, and automation sectors. Established in 2018, Daedalus is situated in the Greenville-Spartanburg area of South Carolina, serving digital infrastructure, manufacturing, automotive, and other industrial markets. This investment aligns with LVC's long-standing focus on mission-critical industrial infrastructure. The collaboration is poised to help Daedalus further expand its capabilities, driven by the rise in digital infrastructure needs, especially within AI data center setups. The transaction was supported by Abacus Finance and legal counsel from Holland & Knight LLP and Nelson Mullins Riley & Scarborough LLP.
Sectors
- Private Equity
- Industrial Automation
- Data Centers
- Electrical Contracting
Geography
- United States – Daedalus Industrial operates in the U.S., providing services across digital infrastructure landscapes.
- South Carolina – The headquarters of Daedalus Industrial is based in the Greenville-Spartanburg area, South Carolina.
- New Orleans – LongueVue Capital is based in New Orleans, highlighting its geographical significance to the firm.
Industry
- Private Equity – Involves LongueVue Capital, a private equity firm known for strategic investments in various sectors.
- Industrial Automation – Daedalus Industrial is a provider of industrial automation solutions, which is a key focus area for the partnership.
- Data Centers – Daedalus focuses on solutions critical to data center infrastructure, an expanding market with growing demand.
- Electrical Contracting – Part of Daedalus's service offering includes comprehensive electrical contracting, integral to their market offerings.
Financials
- Over $1 billion – Managed capital by LongueVue Capital across five funds.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Daedalus Industrial | Target Company | Company | A provider of building management and control systems, industrial automation solutions, and electrical contracting services. |
| LongueVue Capital LLC | Investor | Company | Private equity firm investing in mission-critical industrial infrastructure. |
| Abacus Finance | Financial Advisor | Company | Provided senior debt financing to support the transaction. |
| Holland & Knight LLP | Legal Advisor for Investor | Company | Provided legal counsel for LongueVue Capital. |
| Nelson Mullins Riley & Scarborough LLP | Legal Advisor for Target | Company | Provided legal counsel for Daedalus Industrial. |
| Austin Jones | CEO and Co-Founder | Person | CEO of Daedalus Industrial. |
| Buff Williams | President and Co-Founder | Person | President of Daedalus Industrial. |
| John McNamara | CEO and Co-Founder | Person | CEO and Co-Founder at LongueVue Capital. |
| Max Vorhoff | Partner | Person | Partner at LongueVue Capital. |
| Charles Cox | Partner | Person | Partner leading the Daedalus transaction at LongueVue Capital. |
| Gage Laswell | Associate | Person | Associate involved in the Daedalus transaction at LongueVue Capital. |
| Baker Saslow | Senior Associate | Person | Senior Associate involved in the Daedalus transaction at LongueVue Capital. |
| EA Advisors | Financial Advisor | Company | Partnered with LVC on the investment. |