# Honeywell to acquire Sundyne from Warburg Pincus for $2.16 billion

Honeywell agreed to acquire pump and gas compressor maker Sundyne from private equity firm Warburg Pincus in an all-cash deal valued at $2.16 billion, about 14.5x 2024 EBITDA. The deal will expand Honeywell's Energy and Sustainability Solutions segment.

- Type: Acquisition
- Announced: 2025-03-01
- Where: Arvada, Colorado, United States
- Value: $2.16B
- Status: announced
- Products: pumps, gas compressors, aftermarket services
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Warburg Pincus](https://endata.com/companies/609.md) (partner)
- [Honeywell](https://endata.com/companies/621.md) (acquirer)
- [Kirkland & Ellis LLP](https://endata.com/companies/3694.md) (partner)
- [Sundyne](https://endata.com/companies/5966.md) (target)

## Sources

- [honeywell.com](https://www.honeywell.com/us/en/press/2025/03/honeywell-to-acquire-sundyne-to-expand-critical-equipment-portfolio-and-aftermarket-services), 2025-03-01: "Honeywell has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction."
- [kirkland.com](https://www.kirkland.com/news/press-release/2025/03/kirkland-advises-honeywell-on-acquisition-of-sundyne), 2025-03-01: "The acquisition of Sundyne is expected to close in Q2 2025, subject to customary closing conditions."
- [reuters.com](https://www.reuters.com/markets/deals/honeywell-nears-22-billion-deal-pump-and-compressor-maker-sundyne-wsj-reports-2025-03-04/), 2025-03-04: "Honeywell International said on Tuesday it would buy pump-maker Sundyne from private-equity firm Warburg Pincus for $2.16 billion in cash"
- [sundyne.com](https://www.sundyne.com/news/honeywell/), 2025-03-04: "Honeywell (NASDAQ: HON) today announced that it has agreed to acquire Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction."
- [privateequityinternational.com](https://www.privateequityinternational.com/warburg-pincus-to-sell-manufacturer-sundyne-to-honeywell-for-2-16bn/), 2025-03-04: "Warburg Pincus has agreed to sell Sundyne to Honeywell for $2.16 billion."
- [manufacturingdive.com](https://www.manufacturingdive.com/news/honeywell-acquire-heatpump-gas-compressor-maker-sundyne-2-2-billion/741797/), 2025-03-07: "Honeywell plans to acquire heat pump maker Sundyne from private equity firm Warburg Pincus for approximately $2.2 billion."
- [clearygottlieb.com](https://www.clearygottlieb.com/news-and-insights/news-listing/warburg-pincus-sells-sundyne-to-honeywell-for-2-16-billion), 2025-03-07: "The transaction signed on March 4, 2025, and is expected to close in the second quarter of 2025, subject to customary conditions, including regulatory approvals."
- [ogier.com](https://www.ogier.com/news-and-insights/deals/ogier-in-guernsey-advises-honeywell-on-2-billion-acquisition-of-sundyne/), 2025-03-13: "Honeywell has advised on the Guernsey aspects of its US$2.16 billion all-cash acquisition of Sundyne from private equity firm Warburg Pincus."
- [pumpsindia.com](https://pumpsindia.com/honeywell-to-acquire-sundyne-in-us216bn-deal/), 2025-04-08: "Honeywell has agreed to acquire Sundyne from private equity firm Warburg Pincus in a US$2.16 billion an all-cash transaction."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.