M&A Deal Summary |
|
|---|---|
| Date | 2024-06-18 |
| Target | Air Distribution Technologies |
| Sector | Manufacturing |
| Buyer(s) | Truelink Capital |
| Sellers(s) | Johnson Controls |
| Deal Type | Divestiture |
SEARCH BY
Truelink Capital is a private equity firm focused on partnering with founders and management teams in stable US businesses. Truelink seeks companies in the tech-enabled and industrials sectors that have buy and build opportunities and growth potential. The Firm will consider a variety of investment situations including ownership transitions, growth financings, and carve-outs. Truelink Capital is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 11 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 4 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 5 of 10 |
| Year: 2024 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-12-01 |
Ansira
St. Louis, Missouri, United States Ansira is a data-driven, technology-enabled marketing solutions provider, specializing in the integration of local and national marketing programs. Ansira was founded in 1919 and is based in St. Louis, Missouri. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-21 |
Global Experience Specialists
Las Vegas, Nevada, United States Global Experience Specialists provides global exhibition and event industry by operating companies and their distinctive specialties GES Exhibitions, Spiro, onPeak, SHOWTECH and Visit. The company delivers comprehensive experiential, strategic, creative, event management and accommodation, meeting planning and logistical solutions, as well as registration and engagement solutions. Global Experience Specialists was founded in 1926 and is based in Las Vegas, Nevada. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1885 |
| Sector | Diversified |
| Employees | 94,000 |
| Revenue | 23.0B USD (2024) |
Johnson Controls is a diversified technology and industrial company that creates products, services, and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and seating and interior systems for automobiles. Johnson Controls was founded in 1885 and is based in Cork, Ireland.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 18 |
| Sector: Manufacturing M&A | 4 of 5 |
| Type: Divestiture M&A Deals | 15 of 16 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 14 of 14 |
| Year: 2024 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-07-17 |
FM:Systems
Raleigh, North Carolina, United States FM:Systems is a provider of Integrated Workplace Management Systems (IWMS) and Computer-Aided Facility Management (CAFM) software. FM:Systems’ over 300 blue-chip customer base spans six continents and a diverse range of industries, including healthcare, higher education, technology, manufacturing, retail, banking and the public sector. FM:Systems is headquartered in Raleigh, North Carolina, and conducts business throughout the Americas, Africa, Europe and Asia Pacific. |
Buy | $455M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-23 |
Johnson Controls - Residential & Light Commercial HVAC Business
Ireland Johnson Controls' Residential & Light Commercial HVAC Business manufactures ducted and ductless HVAC equipment and components globally for both residential and light commercial applications. |
Sell | $8.1B |
