Jul 7, 2026 – 7.13pmLooking for the next picks-and-shovels opportunity to play the booming data centre market? You may want to examine founder-owned Parratech’s due diligence materials.Street Talk can reveal Parratech’s founding duo, Stephen and Jason Fooks, has brought in corporate advisory boutique Luminis Partners to identify a private capital partner that could help the fast-growing business expand into the United States.Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?
$300m-a-year Parratech rides data centre boom, hunts for growth partner
Parratech has carved a niche for itself in designing, engineering and building enclosures for generator sets deployed in data centres.
155 words~1 min read
