Seale & Associates was retained by UTC to advise on the sale of its subsidiary company, Forney Corporation, as part of the parent company’s long-term portfolio transformation to focus on its core of aerospace and building systems and products, while moving away from non-core industries and service-focused businesses.
The process resulted in a successful sale to Graham Holdings (formerly The Washington Post Company), an Arlington, Virginia based diversified investment holding firm whose principal operations include educational services, television broadcasting, cable systems and online, print and local TV news.