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Transactions / M•••••• F••• • R•••••

3M to create a leading fire and safety business; acquires M•••••• F••• • R••••• and combines with Scott Safety

Exit to a strategic buyerannouncedannounced Mar 19, 2026Fact
What happened
Platform
not an add-on on record
Control
unknown
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
Sponsor
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
$1.9B (disclosed by a party)
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
3 named
Buy side
  • 3•Strategic acquirerconfirmed
    3M (NYSE: MMM) announced today that it has entered into a definitive agreement to acquire M•••••• F••• • R•••••, in partnership with Bain Capital. 3M and Bain Capital will establish a new joint venture in which 3M will contribute Scott Safety, receive $700M of cash proceeds upon closing and own 50.1
Sell side
  • 3M (NYSE: MMM) announced today that it has entered into a definitive agreement to acquire M•••••• F••• • R•••••, in partnership with Bain Capital. 3M and Bain Capital will establish a new joint venture in which 3M will contribute Scott Safety, receive $700M of cash proceeds upon closing and own 50.1
Side not stated
  • 3M (NYSE: MMM) announced today that it has entered into a definitive agreement to acquire M•••••• F••• • R•••••, in partnership with Bain Capital. 3M and Bain Capital will establish a new joint venture in which 3M will contribute Scott Safety, receive $700M of cash proceeds upon closing and own 50.1
Evidence
3M (NYSE: MMM) announced today that it has entered into a definitive agreement to acquire M•••••• F••• • R•••••, in partnership with Bain Capital. 3M and Bain Capital will establish a new joint venture in which 3M will contribute Scott Safety, receive $700M of cash proceeds upon closing and own 50.1% of the new company with Bain Capital owning 49.9%. 3M’s deep expertise and track record in the safety industry combined with Bain Capital’s capability to integrate businesses, accelerate growth and drive synergies make this an ideal partnership.
3M to create a leading fire and safety business; acquires M•••••• F••• • R••••• and combin | Private Equity Intelligence | DFX