UTC Climate, Controls & Security Sells Its Fire and Security Branch Operations in the U.S.
UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE: UTX), has closed on the sale of its fire and security branch operations in the U.S. to Comvest Investment Partners, a private equity fund of the Comvest Group. Terms of the deal are not being disclosed. UTC Climate, Controls & Security is a leading provider of integrated building solutions, including heating, air conditioning and refrigeration systems, building controls and automation, and fire and security systems.
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