- Honeywell is to acquire Sparta Systems, a provider of enterprise quality management software, for $1.3 billion in an all-cash transaction from New Mountain Capital
- The acquisition expected to close by the end of the first quarter of 2021 and is subject to certain regulatory approvals and other customary closing conditions
- Led by Dana Jones, chief executive officer, Sparta Systems is a provider of enterprise quality management software (QMS), including a next-generation SaaS platform
- Sparta serves more than 400 customers, including 42 of the world’s top 50 pharma companies and 33 of the top 50 medical device companies
- The acquisition further strengthens Honeywell’s leadership in industrial automation, digital transformation solutions, and enterprise performance management software
- Honeywell will leverage its global presence, Honeywell Forge, and Sparta’s expertise to introduce new, integrated solutions
Honeywell: Acquires Sparta Systems, for $1.3 Billion
