Most recent deal Monday, October 26, 2026.
Los Angeles PE firm Truelink signed a definitive agreement to carve out Johnson Controls' global intrusion products business, which includes DSC, Qolsys and Visonic; terms undisclosed.
The Salt Lake City-based provider of thermal management and asset integrity services for critical infrastructure generates more than $1 billion in revenue from over 30 North American locations.
The platform investment centers on a Fresno, Calif, with transaction terms undisclosed in the announcement.
The deal gives Hessaire a dedicated ventilation platform while Air Distribution Technologies refocuses on core HVAC brands such as Ruskin, Titus, and Krueger.
The Minneapolis-based contractor, founded in 1918, serves data centers, medtech, and semiconductor fabrication facilities with a 720-person workforce.
