Morgan Stanley to exit Sila Services with sale to Goldman Sachs Alternatives

Morgan Stanley to exit Sila Services with sale to Goldman Sachs Alternatives

In a significant move within the private equity landscape, Morgan Stanley Capital Partners (MSCP) has agreed to sell Sila Services, a leading provider of residential heating, ventilation, and air conditioning (HVAC) services, to the Private Equity business at Goldman Sachs Alternatives. This transaction comes approximately three years after MSCP’s initial investment in Sila, reflecting the […]

Emerson to divest remaining stake in Copeland for $3.5bn to streamline portfolio

Emerson to divest remaining stake in Copeland for $3.5bn to streamline portfolio

Emerson (NYSE: EMR) has reached a definitive agreement to sell its 40% common equity ownership in the Copeland joint venture, formerly known as Emerson Climate Technologies, for a transaction value of approximately $3.5 billion. This sale includes pre-tax cash proceeds of $3.4 billion, net of the release of $0.1 billion in future indemnity obligations. Private […]

Viking Mergers & Acquisitions announces sale of Aire Care Mechanical to Liberty Service Partners

Viking Mergers & Acquisitions announces sale of Aire Care Mechanical to Liberty Service Partners

In a significant move within the HVAC industry, Viking Mergers & Acquisitions disclosed the acquisition of Aire Care Mechanical Heating & Cooling by Liberty Service Partners. This transaction is noteworthy for industry professionals and market observers, marking a pivotal development in the HVAC services sector. Located in Knoxville, Tennessee, Aire Care Mechanical Heating & Cooling […]