Ingersoll Rand to acquire Precision Flow Systems for $1.45 billion

Ingersoll Rand has made a binding offer to acquire Precision Flow Systems from BC Partners and The Carlyle Group for $1.45 billion. PFS makes fluid management systems and has about 1,000 employees and seven global plants.

“today announced it has made a binding offer to acquire Precision Flow Systems (PFS) from funds advised by BC Partners Advisors L.P. and The Carlyle Group for $1.45 billion.”investors.tranetechnologies.com

• 2 sources
• investors.tranetechnologies.comIngersoll Rand Announces Plans to Acquire Precision Flow Systems | Trane TechnologiesFeb 11, 2019
• worldpumps.comPumps Mergers & Acquisitions Review: Q1 2019 - World PumpsMay 28, 2019

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