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Divcon names data center leader Tom Ray to its Board of Directors. Former EdgeCore CEO and Founder of CoreSite brings operational and advisory expertise to Divcon's leadership team Dallas, Texas (August 20, 2026) - Divcon LLC, a leading independent provider of mission-critical Building Management System (BMS) and Electrical Power Monitoring System (EPMS) solutions, announced the recent appointment of Tom Ray as an independent member of its Board of Directors. Ray provides valuable operational perspective and key industry insights as the company increases its market share in the rapidly growing global data center industry. Ray brings more than four decades of experience leading and advising businesses across the data center, real estate, and software sectors. He previously served as Chairman, CEO, and Co-Founder of EdgeCore Data Centers, as well as CEO and Founder of CoreSite Realty Corporation, one of the nation's leading data center owners and operators. Ray was recently appointed as an independent board member of QScale, a Canadian developer and operator of next-generation, AI-ready data centers that was acquired by Infrastructure at Goldman Sachs Alternatives. In addition to his operational leadership, Ray is a Co-Founder of Quannah Partners, a middle-market real estate private equity firm, and Founder of Buckhorn Capital Group, a family investment office. Earlier in his career, he spent 11 years with The Carlyle Group, where he served as a Managing Director leading the firm's data center investment activities. Ray joins former Microsoft executive Nana Bule as one of the Board's two independent directors. Together, they serve alongside Marc Shiffman, Divcon's CEO and Chairman of the Board; Jeff Possick and Erin Dunn-Franklin of Goldman Sachs Alternatives; and Divcon Co-Founders John Palacios and Ben Crowell. Divcon has been a portfolio company of Goldman Sachs Alternatives since 2024. "The growth of data center and energy infrastructure is reshaping our economy and accelerating the focus on energy efficiency advantages that Divcon provides," said Shiffman. "Tom's deep expertise as an owner and operator of data centers, combined with his market perspective, makes him a valuable addition to Divcon's Board. Together with our expanded leadership team, we are well positioned to meet the demands of the data center infrastructure market and strengthen our role as a trusted and reliable business partner to our customers." Since 2012, Divcon has delivered custom-engineered solutions that enable data center operators to control, automate, and monitor building management and power systems with zero downtime. The company's hardware- and software-agnostic approach ensures flexible, scalable solutions tailored to each customer's environment. Divcon's capabilities include new-build installations, tenant fit-outs, retrofits, and 24/7 support services. "Divcon combines decades of industry experience with forward-looking leadership to meet the demands of the next wave of hypergrowth," said Ray. "Since joining the board, I've seen firsthand the competitive advantages that Divcon brings to its customers and how the company is addressing the evolving needs of modern data centers. I'm excited to continue to work with Marc and the team as the company deploys its strategy for continued growth and impact on the industry." The company's proprietary solutions manage water, energy, and environmental controls for more than nine million square feet of data centers nationwide, and it continues to expand its footprint around the U.S. Since 2020, Divcon has supported more than 100 data center installations, representing over three gigawatts of mission-critical load. 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. About Sustainable Investing at Goldman Sachs Alternatives Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $645 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 $4 trillion in assets under supervision globally as of June 30, 2026.

Divcon Controls names Marc Shiffman CEO. Marc Shiffman Divcon Controls, a global systems integrator delivering facility management automation and monitoring solutions to the world's biggest mission-critical data center operators, announced today that Marc Shiffman has become its new Chief Executive Officer and has joined the company's Board of Directors. Mr. Shiffman joins Divcon with extensive experience in technology and services leadership, having successfully run multiple companies as an operationally adept executive in partnership with innovative founders. Most recently, Mr. Shiffman served as CEO of SMS Assist, where under his leadership the facilities management technology company grew revenue to nearly $1 billion. Before SMS Assist, Mr. Shiffman provided strategic, financial, and operating support to entrepreneurs leading early-stage startups as they scaled. "I am excited to join Divcon at this point of rapid growth. The board has entrusted me to further shape the company's culture of innovation and product excellence at a moment of huge opportunity in the market," Shiffman said. "I am glad that Divcon and I will have access to co-founders John Palacios and Ben Crowell and the expertise they have accumulated through the years." The mission-critical data center market has experienced significant growth in recent years, as customer needs have dramatically increased the demand for more compute-intensive facilities. Divcon expects to increase revenue 80%+ YoY in 2025. "Marc's successful track record of pairing innovation and operational excellence is a perfect fit to ensure Divcon remains focused on delivering exceptional value for our customers as we accelerate our business," said John Palacios, co-founder and Chief Technology and Operating Officer at Divcon. "I am confident that Marc is the right person to lead the company through this next phase and help us solidify our position as a leader in the Critical Systems industry." Kevin Timmons, previously CEO, will continue as a senior advisor to the company. About Divcon Controls Headquartered in Dallas, TX, Divcon Controls 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 more than 1 gigawatt commissioned since 2017, 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. Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $500 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, 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 $3.3 trillion in assets under supervision globally as of June 30, 2025. Follow us on LinkedIn.