Trane Technologies - M&A Summary and Business Overview

Business ServicesCompany

Trane Technologies M&A Summary

Trane Technologies has acquired 5 companies, including 5 in the last 5 years. A total of 1 acquisition came from private equity firms.

Trane Technologies’ largest acquisition to date was in 2021, when it acquired Farrar Scientific for $365M. Trane Technologies has acquired in 3 different US states, and 3 countries. The Company’s most targeted sectors include automotive (20%) and business services (20%).

Trane Technologies Business Overview

Where is Trane Technologies headquartered?

Trane Technologies is headquartered in Swords, Ireland.

What is Trane Technologies’ revenue?

Trane Technologies disclosed revenue of 17,678M USD for 2023 and 15,992M USD for 2022.

How many employees does Trane Technologies have?

Trane Technologies has 40,000 employees.

What sector is Trane Technologies in?

Trane Technologies is a business services company.

When was Trane Technologies founded?

Trane Technologies was founded in 1885.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity5
  • Total Sectors Invested 5
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 1
  • M&A Advisors 3

Trane Technologies

Trane Technologies plc

170/175 Lakeview Drive, Airside Business Park,
Swords,
Ireland,
+353 1 870 7400
www.tranetechnologies.com

Trane Technologies is a global climate innovator using its strategic brands Trane and Thermo King, and environmentally responsible portfolio of products and services, it brings efficient and sustainable climate solutions to buildings, homes, and transportation. Trane Technologies was founded in 1885 and is headquartered in Swords, Ireland.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # - - 1 - 2 2 5
vol $365M $365M
Sell (0.0/yr) # - - - - - - 0
  5

Most Recent M&A

Company Date Value Type
Klinge Corp. 2024-08-05 - Add-on Acquisition
York, Pennsylvania · www.klingecorp.com
Trailer Dynamics GmbH 2024-05-08 - Add-on Acquisition
Eschweiler, Germany · www.trailerdynamics.de
Nuvolo 2023-10-02 - Add-on Acquisition
Wellesley, Massachusetts · www.nuvolo.com
MTA S.p.A. 2023-05-06 - Add-on Acquisition
Tribano, Italy · www.mta-it.com
Farrar Scientific Corp. 2021-09-13 365M USD Add-on Acquisition
Marietta, Ohio · www.farrarscientific.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 1 (20%) - - -
Business Services 1 (20%) - - -
Internet Software and Services 1 (20%) - - -
Life Science 1 (20%) 365M (100%) - -
Manufacturing 1 (20%) - - -
Total 5 $365M - -

By Geo

State/Country Buy Value Sell Value
United States 3 365M - -
  Pennsylvania 1 - - -
  Ohio 1 365M - -
  Massachusetts 1 - - -
Germany 1 - - -
Italy 1 - - -
Domestic - - - -
Cross-border 5 (100%) 365M (100%) - -
Total 5 $365M - -

Top M&A Advisors

Financial Deals
Goldman Sachs
 1
Legal Deals
Skadden, Arps, Slate, Meagher & Flom
 1
Norton Rose Fulbright
 1

Deal Values

buy # Total
$100M to $1B 1 $365M
TOTAL $365M
Largest Farrar Scientific Corp.
$365M (2021-09-13)

M&A Connections

Deals
Acquired from
Investor(s)
20%
1 (20%)

Company Summary

SECTOR

Business Services

Revenue

17,678   11% 2023
15,992   14% 2022
14,136   14% 2021
12,455   25% 2020
16,599   6% 2019
15,668   11% 2018
14,198   2017
(millions of USD) Show More Show Less

Employees

40,000

Established

1885

Public

NYSE: TT

Former Name

Ingersoll-Rand Plc

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Related Lists for Trane Technologies

Business Services Companies , Ireland Companies

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