In a significant strategic move, Carrier Global Corporation, a leader in intelligent climate and energy solutions, has finalized the sale of its Industrial Fire business to Sentinel Capital Partners. The transaction, valued at an enterprise value of $1.425 billion, marks a pivotal shift in Carrier’s portfolio optimization strategy. Carrier, based out of Palm Beach Gardens, […]
In a major development in the building automation and security solutions industry, Honeywell (Nasdaq: HON) has announced plans to acquire Carrier Global Corporation’s (NYSE: CARR) Global Access Solutions business for $4.95 billion. This all-cash transaction positions Honeywell as a leading provider of security solutions for the digital age. The acquisition includes both hardware and software […]
In a major development in the technology and security solutions sector, Carrier Global Corporation (NYSE: CARR) has entered into a definitive agreement to sell its security business, Global Access Solutions, to Honeywell (NASDAQ: HON) for an enterprise value of $4.95 billion. This transaction, representing approximately 17 times the expected 2023 EBITDA, marks a successful first […]