Pacific Avenue Capital Partners Closes on KiddeFenwal Acquisition [Yahoo! Finance]
Stifel Financial Corporation (SF)
Last stifel financial corporation earnings: 7/30 06:00 am
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Source: Yahoo! Finance
LOS ANGELES, July 02, 2024 BUSINESS WIRE )--Pacific Avenue Capital Partners—a middle market-focused private equity firm specializing in carve-outs and complex situations—has closed on its acquisition of KiddeFenwal, a world leader in designing and manufacturing industrial and commercial fire suppression systems and safety controls. The deal positions KiddeFenwal for substantial growth while allowing it to further expand its market share, both in the U.S. and globally. Under Pacific Avenue's ownership, KiddeFenwal will sharpen its focus on serving a growing, diversified customer and end user base that requires the highly integrated, competitively priced, customer-supported fire suppression and safety controls for which the company has long been well known. Additionally, it will accelerate product competitiveness and innovation, expanding and enhancing its proprietary, fully certified offerings as regulatory bodies drive transitions to more environmentally friendly solutions in indus
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