Announced
Financials
Tags
Majority
Friendly
Private
Pending
Single Bidder
United States
fire suppression
Security Services
Acquisition
Domestic
Private Equity
Synopsis
Pacific Avenue Capital, a private equity firm, agreed to acquire Kidde-Fenwal, a provider of fire suppression systems and controls. Financial terms were not disclosed. “We are excited about the Kidde-Fenwal investment and the Company’s ability to capitalize on growing demand for fire suppression and controls across multiple end markets and geographies. These are highly regarded brands in the industry, and through their market-differentiated engineering expertise, provide best-in-industry fire safety and controls products. With the restructuring process behind it, we look forward to refocusing the Company on organic growth and executing with renewed energy to serve customers.” James Oh, Pacific Avenue Partner.
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