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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....

ADT, Comvest Investment Partners, Dean Seavers, GE Security, Geraud Darnis, Mike Snyder, Red Hawk, Security Systems News (SSN), UTC Climate Controls, UTC Fire & Security