Systems Spray-Cooled Receives Major Investment for Global Expansion
Deal News | May 21, 2025 | PR Newswire Cision Systems Spray-Cooled
The Systems Group has announced a new investment in its business unit, Systems Spray-Cooled (SSC), by David Brogdon and his partners. This partnership has resulted in Brogdon, known for founding Bad Boy Mowers, acquiring a majority stake in SSC. The original owners, Lee and Kyle Morgan, will retain 35% ownership. SSC, renowned for its Spray-Cooled™ technology in the steel industry, aims to leverage this investment to enhance its global presence and further innovate in the electric arc furnace (EAF) cooling segment. The technology offers safety and efficiency advantages over traditional methods. With existing projects in Europe, Mexico, South America, and Africa, the infusion of capital will support ambitions to make global steel production safer and more energy-efficient. SSC is based in Smyrna, TN, under the umbrella of The Systems Group, which is dedicated to innovation and safety in the steel and metals industries.
Sectors
- Steel and Metals Manufacturing
- Investment and Private Equity
- Technology and Innovation
Geography
- United States – Systems Spray-Cooled is based in Smyrna, Tennessee, and has been primarily focused on servicing domestic customers.
- Global – The investment aims to expand the global presence of Systems Spray-Cooled, with projects in Europe, Mexico, South America, and Africa.
Industry
- Steel and Metals Manufacturing – The article discusses Systems Spray-Cooled's involvement in the steel industry, focusing on their cooling technology for electric arc furnaces.
- Investment and Private Equity – The article features a private investment by David Brogdon and his partners into the Systems Spray-Cooled unit, highlighting strategic growth and partnership.
- Technology and Innovation – Systems Spray-Cooled's innovative Spray-Cooled™ technology distinguishes it within the steel cooling sector, offering safer and more efficient methods.
Financials
- Majority stake – David Brogdon and partners acquired a majority stake in Systems Spray-Cooled.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Systems Spray-Cooled (SSC) | Target Company | Company | A division of The Systems Group focused on innovative cooling technology for the steel industry. |
| The Systems Group | Vendor | Company | The parent company retaining partial ownership of SSC, specializing in fabrication, maintenance, and construction in steel and metals sectors. |
| David Brogdon | Investor | Person | Founder of Bad Boy Mowers, leading the investment into Systems Spray-Cooled. |
| Kyle Morgan | Seller/Contact Person | Person | Co-owner of The Systems Group, involved in the retention of ownership and operational oversight of SSC. |
| Lee Morgan | Seller | Person | Co-owner of The Systems Group, involved in retaining partial ownership of SSC. |
| Scott Ferguson | General Manager/Owner | Person | VP & GM of Systems Spray-Cooled, now also an owner. |