Sentinel Capital Partners, a private equity firm, Monday announced that it has agreed to sell Autronica Fire and Security, a standalone unit of its Spectrum Safety Solutions platform, to MSA Safety Inc., a manufacturer of safety products and technology for around $555 mln.
Sentinel acquired Autronica in 2024 in a carveout of Carrier Global Corporation's industrial fire business, now Spectrum Safety Solutions. The divestiture of Autronica positions Spectrum to focus on its U.S. headquartered detection and monitoring businesses, Det-Tronics and Fireye, the private equity firm said in a statement.
On Monday, MSA shares closed at $165.26, down 0.32% on the New York Stock Exchange.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.