If you do not want to make the necessary investments to remain competitive — or choose to take advantage of the valuations in the current market — this may be an ideal time to sell.
Deal with private equity company Blackstone values the business at $14 billion.
June 2, 2023
Blackstone and Emerson had jointly announced plans for the spinoff company last year. Emerson, which receives about $9.7 billion in cash in the deal, also retains a 40% ownership stake in Copeland.
Kian Capital Partners has completed the acquisition of Team Air Distributing, a wholesale distributor of OEM-branded HVAC equipment, parts, and supplies.