Warburg Pincus LLC is a global private equity firm, headquartered in New York City, with offices in the United States, Europe, Brazil, China, Southeast Asia and India. Warburg has been a private equity investor since 1966. As of April 2024 the firm had over $90 billion in assets under management and invests in a range of sectors including retail, industrial manufacturing, energy, financial services, health care, technology, media, and real estate. Warburg Pincus is a growth investor. Warburg Pincus has raised 21 private equity funds which have invested over $100 billion in over 1,000 companies in 40 countries.
Warburg Pincus has announced the sale of Sundyne, a manufacturer based in Arvada, Colorado, to Honeywell for $2.16 billion. Sundyne specializes in producing pumps and gas compressors that are essential for various process industries.
This acquisition marks a significant move for Honeywell, enhancing its portfolio in the industrial sector. The deal reflects ongoing trends in private equity and manufacturing, as firms seek to consolidate and expand their capabilities in critical areas.
Sundyne's technology and products are vital for operations in sectors such as oil and gas, chemical processing, and water management. The integration into Honeywell's operations is expected to leverage these strengths, providing enhanced solutions to customers.
Overall, this transaction underscores the active role of private equity in shaping the industrial landscape, with Warburg Pincus capitalizing on its investment in Sundyne to achieve a substantial return.
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