Ingersoll Rand announces $2.3bn acquisition of ILC Dover from New Mountain Capital
Ingersoll Rand Inc. (NYSE:IR), renowned for its mission-critical flow creation and industrial solutions, has entered a definitive agreement to acquire ILC Dover from New Mountain Capital, LLC, a prominent investment firm managing around $50 billion in assets. This acquisition, valued at an upfront cash price of approximately $2.325 billion with an additional earnout based on […]