KPS Capital Partners acquires Bristol Compressors from Johnson Controls (carve-out)

PE firm KPS Capital Partners acquired the assets of Bristol Compressors from Johnson Controls and formed a new affiliate, Bristol Compressors International. A private-equity sponsor carve-out of an HVAC compressor manufacturer; terms not disclosed.

“NEW YORK - KPS Capital Partners LP announced that it has acquired the assets of Bristol Compressors Inc. from Johnson Controls Inc., and has created a newly formed affiliate, Bristol Compressors International Inc. Financial terms of the transaction were not disclosed.”

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.