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Charlotte Stonestreet
Managing Editor |
Industry Update
Rapid Energy secures investment
17 February 2026
RAPID ENERGY, a specialist provider of rapid-response and mission-critical temperature-control hire solutions, has announced a strategic investment from Baird Capital, the global private equity arm of Baird.

The investment supports the expansion of Rapid Energy’s fleet, enhances engineering capability, and strengthens growth across industrial and critical-infrastructure markets.
The partnership supports Rapid Energy’s plans to increase capacity, invest in technology and innovation, and further develop solutions for customers operating in environments where operational continuity is essential.
Julien Fougere, CEO of Rapid Energy, said: “We are delighted to partner with Baird Capital for the next chapter of Rapid Energy’s growth. Their deep understanding of our sector and experience supporting founder-owned businesses like ours provides the ideal platform to accelerate investment in our fleet, technology, and people, while staying true to our mission and values.
"Our leadership team remains in place, our customer-first culture remains at the core of the business, and this partnership gives us the resources to strengthen and scale what already makes Rapid Energy successful.”
Baird Capital’s investment will also support targeted expansion in key industrial applications, including the continued growth of Rapid Energy’s advanced temperature-control solutions. The company is enhancing its capabilities to meet evolving customer needs, while maintaining a strong emphasis on engineering quality, reliability, and responsive service delivery.
James Benfield, partner at Baird Capital, said: “Rapid Energy has built an impressive reputation for technical expertise and market- leading customer service. We’re excited to support the company as it broadens its fleet and deepens its engineering capabilities. This partnership reflects a shared vision for long-term growth, and we look forward to helping the team build on the strong foundation they’ve already created.”
Following Baird Capital’s investment, Rapid Energy benefits from additional expertise and resources that support innovation and sustainable growth. The partnership may also create new development opportunities for both current and future employees.
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