Falconhead Capital to sell GPSi to Ingersoll-Rand
Falconhead Capital LLC said Oct. 31 that it agreed to sell GPSi Holdings LLC to Ingersoll-Rand plc. Financial terms weren’t announced. GPSi, of Sarasota, Florida, provides cloud-based technology solutions for fleet managers in various transportation markets including education, golf and resorts. Piper Jaffray & Co provided financial advice while Weil Gotshal & Manges LLP acted as legal advisor for GPSi in this transaction.
31 October 2017•4 mins read
