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Goldman Sachs, JP Morgan: Advisory on Lone Star’s $3bn Acquisition of Commercial and Residential Fire Business

Goldman Sachs and J.P. Morgan have taken pivotal roles as financial advisors in Carrier Global Corporation’s strategic divestiture, facilitating the sale of its Commercial and Residential Fire business to an affiliate of Lone Star Funds for $3 billion.

Goldman Sachs. PHOTO: Shutterstock
Goldman Sachs. PHOTO: Shutterstock

This transaction is a cornerstone of Carrier’s ongoing strategy to streamline its operations and focus on high-growth areas that promise sustainability and innovation.

The deal, expected to close

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