Carrier Global Corporation to sell Commercial and Residential Fire business to Lone Star Funds for $3 Billion
Acquiring Company
Lone Star
Acquired Company
Carrier Global Corporation
Palm Beach GardensFinancial ServicesFinanceVenture CapitalAngel InvestmentLendingMobileTransportationBuilding MaterialLogisticsWholesalebuilding materialsDescription
Carrier Global Corporation has entered into a definitive agreement to sell its Commercial and Residential Fire business to an affiliate of Lone Star Funds for an enterprise value of $3 billion, marking a defining step in its planned business exits critical to its transformational journey.
Quick answer
Lone Star is acquiring Carrier Global Corporation for $3 billion, announced August 15, 2024.
- How much did Lone Star pay for Carrier Global Corporation?
- The reported deal value is $3 billion.
- What does Lone Star do?
- Since its inception, Seacoast has managed over $600 million of capital, which the firm has invested in 82 non-controlling transactions.
- Where are Lone Star and Carrier Global Corporation based?
- Carrier Global Corporation is based in Palm Beach Gardens, Florida, United States.
- Who are the decision-makers at Lone Star?
- Fundz holds 1 contact at Lone Star. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Related People
Frequently asked
Who acquired Carrier Global Corporation?
Carrier Global Corporation was acquired by Lone Star. The deal was reported on August 15, 2024. Since its inception, Seacoast has managed over $600 million of capital, which the firm has invested in 82 non-controlling transactions. Lone Star is privately held and operates in Financial Services.
When did Lone Star acquire Carrier Global Corporation?
Lone Star's acquisition of Carrier Global Corporation was reported on August 15, 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Carrier Global Corporation do?
Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating solutions that matter for people and our planet for generations to come. It is publicly traded (CARR), operating in Mobile, and is based in Palm Beach Gardens.
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