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 (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 […]
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 […]