Tag: Dean Seavers
UTC sells fire and security branches to Comvest Investment Partners
April 11, 2012Martha Entwistle
FARMINGTON, Conn.—Comvest Investment Partners on April 10 acquired the security and fire branch operations of UTC Climate, Controls & Security. Comvest has tapped two well-known industry veterans, Mike Snyder and Dean Seavers, to run the new business, which will be called Red Hawk Fire & Security U.S.Snyder, former president of ADT, will serve as CEO and Seavers, former president of GE Security and SimplexGrinnell, will serve as president of the new business.Terms of the deal were not disclosed....
Questions and answers on UTC's GE Security buy
March 4, 2010L. Samuel Pfeifle, Martha Entwistle
HARTFORD, Conn.—After raising $2.25 billion last week, UTC closed quickly on its announced purchase of GE Security. With everything a done deal, SSN editors were quick to forward over questions about the future for GE Security's dealers and products.
With everyone busy making plans for ISC West and how to integrate the large GE Security operation with UTC Fire & Security, there wasn't time to get a bunch of executives on the phone. Thus, we gathered responses via email, and you can attribute...