Morgan Stanley to sell HVAC firm Sila to Goldman Sachs-March 2024-www.financetom.com

Morgan Stanley to sell HVAC firm Sila to Goldman Sachs

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Morgan Stanley to sell HVAC firm Sila to Goldman Sachs

Nov 11, 2024 6:40 AM

Nov 11 (Reuters) - Morgan Stanley's ( MS ) private

equity arm said on Monday it would sell its home services

company, Sila Services, to Goldman Sachs Alternatives.

Pennsylvania-based Sila provides services including heating,

ventilation and air-conditioning (HVAC) for residential

properties across the U.S. Northeast, Midwest and Mid-Atlantic

regions.

The companies did not disclose the financial terms of the

deal.

Previous page： Novartis, Monte Rosa strike $5.7 billion drug development deal Next page： Underwater sonar tech firm Coda Octopus' Q3 revenue up 29%

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Novartis, Monte Rosa strike $5.7 billion drug development deal

Sep 15, 2025

Sept 15 (Reuters) - Swiss drugmaker Novartis and drug developer Monte Rosa Therapeutics ( GLUE ) signed a licensing deal worth up to $5.7 billion on Monday to develop drugs for immune-mediated diseases. ...

Underwater sonar tech firm Coda Octopus' Q3 revenue up 29%

Sep 15, 2025

Overview * Coda Octopus ( CODA ) fiscal Q3 revenue grows 29% yr/yr * Company's Marine Technology Business revenue rises 30.7%, Marine Engineering declines * Gross margin falls to 68.3% from 73.9% due to business mix changes Outlook * Company expects DAVD sales of $3.5 mln-$4.0 mln for fiscal year 2025 * Coda Octopus ( CODA ) anticipates U.S. energy...

Avicanna Names Nick Hilborn Interim CFO After Phillip Cardella Becomes Consultant

Sep 15, 2025

07:11 AM EDT, 09/15/2025 (MT Newswires) -- Avicanna ( AVCNF ) , a biopharmaceutical company focused on plant-derived cannabinoid products, said over the weekend it appointed vice president of finance Nick Hilborn as interim chief financial officer. The move follows Phillip Cardella's transition to consultant effective Sept. 15, the company said. Hilborn joined Avicanna ( AVCNF ) in 2024. ...

Snacks and food maker Hain Celestial misses Q4 sales estimates, sets turnaround strategy

Sep 15, 2025

(Corrects company descriptor and adds turnaround strategy in headline) Overview * Hain Celestial ( HAIN ) fiscal Q4 net sales down 13% yr/yr, missing analyst expectations * Adjusted net income for fiscal Q4 missed analyst estimates, reflecting operational difficulties * Co implements turnaround strategy focusing on portfolio streamlining and digital capabilities Outlook * Company aims to optimize cash and reduce...