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3M and Bain to acquire Madison Fire & Rescue for $1.95b

Friday, March 20, 2026 · first reported by PE Hub

Bain Capital and 3M are acquiring Madison Fire & Rescue for $1.95 billion, merging it with 3M's Scott Safety division to create a new fire and safety platform. This acquisition demonstrates Bain's continued focus on industrial and safety-focused portfolio companies.

Asset class
Private equity
Geography
North America

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