Tag: private equity
AE Industrial Sells Altus Fire & Life Safety to Apax Funds
September 3, 2024SSN Staff
NEW YORK — Altus Fire & Life Safety (Altus) has announced that it has received a strategic investment from funds advised by Apax Partners LLP (“Apax”), a global private equity advisory firm.
Financial terms of the transaction with AE Industrial Partners, a leading private equity firm specializing in national security, aerospace, and industrial services, were not disclosed. According to the company, Altus has grown rapidly in the past few years, both organically and via strategic...
Honeywell to acquire CAES
June 20, 2024SSN Staff
CHARLOTTE, N.C. — Honeywell has announced that it’s agreed to acquire CAES Systems Holdings LLC (CAES) from private equity firm Advent International for approximately $1.9 billion in an all-cash transaction.
Honeywell said that this acquisition will enhance its defense technology solutions across land, sea, air and space, including new electromagnetic defense solutions for end-to-end radio frequency (RF) signal management. Combined, CAES' scalable offerings and Honeywell's...
Rich Armour joins technology board of Option3
September 30, 2022SSN Staff
NEW YORK – Specialist cybersecurity private equity firm Option3 announced that veteran chief information security officer Rich Armour has joined its technology board.
Option3 is hoping the addition of Armour will, “…offer insight and strategic direction on the firm’s investment strategy.” The appointment coincides with a period of growth for Option3 for its C2 mid-market Cybersecurity Private Equity fund and focused investments in a variety of areas like military...
Industry gives thumbs-up to private equity
December 16, 2015Spencer Ives
YARMOUTH, Maine—Private equity has a foothold in security, owning companies like Vivint, Protection 1 and CSG Security, but how does the industry really feel about private equity? Security Systems News' latest poll showed that half of respondents have worked with private equity and most would consider selling their business to a PE group.“Private equity in the security industry can accelerate growth. Most of us are limited to growth through cash flow excess which is slow and often ineffective,”...
More lawyer shamelessness
May 18, 2010Martha Entwistle
I've written a couple times now about the trend of lawyers “investigating” deals made by public company boards.
It's good to see that PeHub's Dan Primack is with me on this and digging up new and different ways for lawyers to be shameless. From today's PeHub email blast (to which you should subscribe, even if you don't really care about the private equity markets, just because it's so well written and interesting):
*** It's become reflexive: Whenever a take-private buyout is announced,...