Sciens Announces Majority Investment From Carlyle

Sciens Building Solutions (“Sciens”), a leading full-service commercial fire and life safety company, announced today that it has reached a definitive agreement to sell a majority stake to funds managed by global investment firm Carlyle (NASDAQ: CG). The Company’s senior management team, as well as current owner Huron Capital, will retain minority equity stakes in the business. Terms of the private transaction were not disclosed.