Divestiture New Jul 2026 Verified
Air Distribution Technologies sells PennBarry to Hessaire Products
ADT, a Truelink Capital portfolio company, completed the sale of its PennBarry business to Hessaire Products to streamline its portfolio.
“ADT completed the sale of its PennBarry business to Hessaire Products as part of a strategy to streamline its portfolio and focus on core HVAC brands; ADT is a portfolio company of Truelink Capital.”
Entities
HVAC Sentiment: Neutral
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.