Pacific Avenue Capital Partners Acquires KiddeFenwal from Carrier Global
July 2, 2024
Los Angeles-based private equity firm Pacific Avenue Capital Partners has acquired substantially all the assets of KiddeFenwal from Carrier Global Corporation after bankruptcy-court approval. The carve-out purchases the global fire suppression and safety controls manufacturer (headquartered in Ashland, Massachusetts) with the stated aim of stabilizing the business and investing to accelerate product innovation and global growth.
- Targets
- KiddeFenwal
- Sellers
- Carrier Global Corporation
- Industry
- Manufacturing
- Location
- Massachusetts, United States
- Transaction Type
- Divestiture
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