The start-up and mergers and acquisition space for smart access and smart buildings continued its hot pace today with The Chamberlain Group, a global provider of smart access solutions, announcing that it has been purchased by private equity funds managed by Blackstone.
The Chamberlain Group’s owner, The Duchossois Group, Inc. has entered into a definitive agreement for a transaction expected to close by the end of 2021, subject to regulatory approvals and customary closing conditions.
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