[June 16, 2026]

Divcon Expands Leadership Team, Workforce, Products to Support AI-Driven Hypergrowth of Data Center Infrastructure

Divcon LLC, a leading independent provider of mission-critical Building Management System (BMS) and Electrical Power Monitoring System (EPMS) solutions, today announced the expansion of its leadership team to support continued growth, operational excellence, and product innovation across the rapidly growing data center market.

As AI and cloud adoption accelerates demand for more efficient energy infrastructure, Divcon has reinvested in its people, processes, and platform to scale alongside its customers and deliver high-performing, bespoke, and reliable solutions at record-breaking speed.

"Optimizing data centers' power consumption and efficiency is more important today than ever," said Marc Shiffman, Chief Executive Officer and Board Chairman of Divcon. "We've intentionally built a team with deep expertise in supporting hypergrowth across operations, engineering, technology, and employee experience, positioning us to lead the rapidly changing market in the data center infrastructure space."

Since 2012, Divcon has delivered custom-engineered solutions that enable data center operators to control, automate, and monitor energy and power systems with zero downtime. The company's hardware- and software-agnostic approach ensures flexible, scalable solutions tailored to each customer's environment. In addition to BMS, EPMS, and engineering expertise, Divcon also provides data center infrastructure management (DCIM), installation, and support services as part of its end-to-end offerings.

The company's proprietary solutions manage water, energy, and environmental controls for more than nine million square feet of data centers nationwide and continues to expand its footprint around the U.S. Since 2020, Divcon has supported more than 90 data center installations, representing over three gigawatts of mission-critical load.

Expanded Leadership Team

Through promotions and new hires, Shiffman has assembled the leadership team that will deliver on Divcon's commitment to disciplined structure, employee engagement, and customer service as the company scales.

Guiding this next phase of growth, Divcon's leadership team includes:

• Marc Shiffman, Chief Executive Officer, leads the Divcon team and shapes the organization's cultural and operational strategies to support enduring performance during a period of rapid growth. Shiffman joined Divcon in 2025, bringing more than 30 years of experience leading high-growth companies, including serving as CEO of SMS Assist, where he was instrumental in scaling and selling the proptech industry leader.
• Scott Breitkreutz, Chief Operating Officer, oversees teams responsible for the full project lifecycle - including field operations, engineering, service, supply chain and safety, quality, and compliance - aligning end-to-end project execution. He joined Divcon after 22 years delivering complex construction projects across mission-critical and large-scale developments at Holder Construction.
• Scott Whalen, General Counsel & Chief Administrative and Sustainability Officer, directs corporate governance and enterprise risk management, leveraging more than a decade of legal and compliance leadership within high-growth organizations.
• John Ellsworth, Chief Financial Officer, leads organizational transformation and systems modernization, bringing more than 20 years of financial leadership experience.
• Raghavan "RJ" Jayaraman, Senior Vice President of Engineering, directs all engineering functions, guidng the technical vision and advancing innovation across service offerings, drawing on his experience leading complex technical programs at Google and Intel.
• Ryan Luton, Senior Vice President of Technology, is a decade-long Divcon leader focused on advancing technology capabilities, software development, and user experience design.
• Chloe Price, Senior Vice President of Human Resources, leads talent strategy, training, and culture development to support a rapidly scaling workforce.
• Dwight Greenhouse, Vice President of Corporate Development and Strategy, guides corporate strategy, investor relations, and M&A initiatives.
• Elisabeth Monroe, Vice President of Communications, champions initiatives to strengthen Divcon's brand, reputation, and engagement strategies across internal and external audiences.
• Mark Ruettiger, Vice President of Operations, manages day-to-day operations across the organization, helping scale processes, strengthen execution, and support Divcon's rapid growth.
• Chase Sanders, Vice President of Sales and Development, oversees the sales department, building on his work to expand Divcon's business and bring new service offerings to market.
• Daniel Severin, Vice President of Service, leads Divcon's 24/7/365 service capabilities, including on-site response, remote troubleshooting, and mission-critical system support.

Divcon's leadership expansion will help sustain the company's rapid growth. Since Q4 2025, Divcon has already added over 200 employees and is projected to surpass headcount totaling over 500 employees by year end.

Hiring is primarily focused on the operations team - which now represents approximately 85% of the company's workforce - alongside deep investment in engineering and project management talent, reflecting Divcon's continued focus on flawless execution and delivery.

"Divcon employees are the heart of our culture and are critical business partners to our customers," said Shiffman. "We're not only growing our team, but we're also investing in the people, programs, and experiences that make Divcon an industry leader and an employer of choice."

Strategic Investment and Market Momentum

Divcon has been a portfolio company of Goldman Sachs Alternatives since 2024. Goldman's investment supports growth and expansion into new markets, continued product innovation and enhanced service capabilities, including the development of Grid-to-Chip, a comprehensive platform designed to unify the entire power and cooling chain, from utility grid integration to individual server chip cooling.

"Since we partnered with Divcon two years ago, the data center industry has seen historic growth and an even greater focus on solutions that improve energy efficiency," said Jeff Possick, Co-Head of Environment & Energy Transition Investing at Goldman Sachs Alternatives. "We're excited to continue working with the expanded Divcon leadership team to meet this critical inflection point for both the company and its customers."

About Divcon

Headquartered in Dallas, TX, Divcon provides building management and electrical power monitoring systems to mission-critical facilities, enabling the customer to control, automate, and monitor energy and power functions. With over 9 million square feet of white space under management and over 3 gigawatts of mission-critical load commissioned since 2020, Divcon is one of the largest independent control systems contractors globally specializing in colocation data centers and mission-critical facilities. Divcon's mission is to provide its customers with cost-effective solutions to meet their exact building automation needs. Divcon, which is backed by Sustainable Investing at Goldman Sachs Alternatives, strives to accomplish this through technology, innovation, and client-focused personal service.

To learn more about Divcon, visit: https://divconcontrols.com

About Sustainable Investing at Goldman Sachs Alternatives

Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $625 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, venture capital, private credit, real estate, infrastructure, sustainability, and hedge funds. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs.

The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets.

Sustainable Investing at Goldman Sachs Alternatives seeks to invest in thematic climate transition and inclusive growth opportunities by backing companies that have an impact in these two areas. The leadership and broader team bring decades of combined experience, broad investment knowledge across the sustainability landscape and a proprietary corporate network of sustainability leaders from global corporations - all supported by the broader resources of Goldman Sachs.

The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world's leading institutions, financial advisors and individuals. Goldman Sachs has approximately $3.7 trillion in assets under supervision globally as of March 31, 2026.

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