Carlisle signed a definitive agreement to sell Carlisle Fluid Technologies to an affiliate of Lone Star Funds in a transaction valued at $520M. The transaction is subject to certain closing adjustments and conditions, including regulatory clearances, and is expected to close in Q3. Lone Star is a leading global private equity firm founded in 1995. With offices around the world, Lone Star advises funds that invest in real estate, equity, credit, and operating companies. CFT provides customers industry-leading and sustainable solutions for the supply, control, application and curing of a wide range of paints, powders, sealants & adhesives, foams and other application materials under an expanding collection of pioneering product brands. The CFT segment reported $297M of revenue in 2022.
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