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M&M Carnot

Our vision is to create and develop global refrigeration systems across all industries that are respectful of the environment. We strive to ensure that every...

M&M Carnot

Our vision is to create and develop global refrigeration systems across all industries that are respectful of the environment. We strive to ensure that every client has the option of using natural refrigerants instead of synthetic refrigerants that are harmful to the planet. That’s why we’re committed to eco-friendly refrigerants, including Ammonia, Cascade Ammonia- CO2, and Transcritical CO2.

General information

Firm type

other

Location

Region

North America

Country

United States

Corporate office

United States

Principals

John Miranda

CSO

Sector focus

Industrial TechEnergy Transition & Renewables

Frequently asked questions

Who runs investment decisions at M&M Carnot?

Publicly, M&M Carnot does not disclose an investment decision-making structure. The firm operates as a product line of Johnson Controls, so any capital allocation or strategic investment would likely be governed by JCI corporate. John Miranda is listed as CSO, but no CIO or CFO is identified.

How does M&M Carnot source proprietary deal flow?

As an engineering and manufacturing arm of Johnson Controls, M&M Carnot does not source deals in the traditional investment sense. Its business development is oriented toward industrial refrigeration projects, supplied directly to end customers in food processing, cold storage, brewing, and ice rinks.

Is M&M Carnot structured as a single family office or does it operate more like a venture firm?

M&M Carnot is neither a family office nor a venture firm. It is a product line of Johnson Controls that designs, manufactures, and services natural refrigerant systems. It does not deploy investment capital externally.

Does M&M Carnot participate in fund commitments or only direct deals?

M&M Carnot does not manage or invest in external funds. Its business is industrial refrigeration equipment and services, not financial asset management.

What investment stages does M&M Carnot typically target?

The firm does not target investment stages, as it is not an investment entity. Its focus is on designing and delivering refrigeration systems for industrial facilities, covering both new installations and retrofits.

What sectors does M&M Carnot explicitly focus on?

M&M Carnot's website highlights experience in food and beverage processing, cold storage, breweries, and ice rinks. It does not list any sectors it avoids.

How is M&M Carnot related to Johnson Controls?

M&M Carnot is a product line of Johnson Controls, the global building-technology corporation. The website states directly: 'M&M Carnot is now a product line of Johnson Controls.' This integration provides access to JCI's distribution, manufacturing, and service network across North America.

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