Sentinel Capital Partners Carves Out Industrial Fire Business from Carrier

Company Overview - Spectrum is a leading manufacturer of industrial fire detection and suppression products, serving critical infrastructure, marine, clean energy, and other industrial markets in over 20 countries [2][4] - The company operates under four recognized brands: Det-Tronics, Marioff, Autronica, and Fireye, and has approximately 1,400 employees globally with manufacturing facilities in the US, Norway, and Finland [2][4] Acquisition Details - Sentinel Capital Partners acquired the industrial fire business from Carrier Global Corporation for an enterprise value of $1.425 billion, creating a new standalone platform named Spectrum Safety Solutions [8] - This acquisition marks Sentinel's eighth corporate carveout, showcasing its experience in the industrial sector [9] Strategic Focus - The partnership with Sentinel is expected to sharpen Spectrum's business focus, dedicate additional resources to its leading brands, and accelerate growth [3][6] - Spectrum's management team is recognized for its talent and is anticipated to leverage growth opportunities under Sentinel's support [6]