◂ Announcements

Dec 22, 2020ACQUISITIONUnited States

Honeywell acquires Sparta Systems for $1.3 billion

Honeywell announced the acquisition of Sparta Systems from New Mountain Capital for $1.3 billion in an all-cash transaction. Sparta provides quality management software.

Value

$1.30B

Status

Announced

Productsquality management software

CompaniesHoneywell acquirer New Mountain Capital investor Sparta Systems target

Sectors#Automation and Robotics

“Honeywell is paying $1.3 billion in an all-cash transaction for Sparta.”morningstar.com

1 source
morningstar.comHoneywell Adds Value With Sparta Systems Acquisition | MorningstarJoshua AguilarDec 22, 2020

Summarized from public sources; check the original articles before acting on it.

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Honeywell acquires Sparta Systems for $1.3 billion · Endata