Carlyle Acquires Majority Stake in Sciens Building Solutions
November 9, 2021
Funds managed by global investment firm Carlyle acquired a majority stake in Sciens Building Solutions from Huron Capital, with Sciens' senior management and Huron retaining minority equity and a board seat. The investment will support Sciens' growth strategy — accelerating organic investment and M&A to expand its fire and life safety platform across commercial, institutional and government end markets. Terms were not disclosed.
- Buyers
- Funds managed by Carlyle (The Carlyle Group)
- Targets
- Sciens Building Solutions
- Sellers
- Huron Capital, Existing Sciens shareholders / senior management
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Buyout
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