IFLR1000

Ingersoll Rand $1.45 billion acquisition of Precision Flow Systems

11/2/2019
Public acquisition
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$ 1.45 billion

Announced

11/2/2019

Overview:

  • Ingersoll Rand has acquired Precision Flow Systems (PFS) in a $1.45 billion deal. 
  • PFS provides fluid management system services. 
  • PFS was sold by BC Partners Advisors and The Carlyle Group. 
  • Goldman Sachs acted as financial adviser for Ingersoll Rand and Morgan Stanley acted for PFS. 

Kurt Stumpo - US Editor

Jurisdictions:

United States
India
Ireland

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Industrials and manufacturing

Firms:
Khaitan & Co

Party: Ingersoll Rand (Acquirer)

Lawyer: Ganesh Prasad

Kirkland & Ellis

Party: Ingersoll Rand (Acquirer)

Lawyers: Carlo Zenkner, Peter Martelli

Latham & Watkins

Party: Precision Flow Systems (Target)

Party: Carlyle Group (Seller)

Party: BC Partners Advisors (Seller)

Lawyers: Paul Sheridan Jr, Shaun Hartley

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