Mark Fernandes, president and CEO of Functional Devices, and the existing FDI leadership team invested in the transaction alongside L Squared and will continue to lead the business.
L Squared is partnering with Functional Devices’ Management to continue the Company’s strong organic growth and accelerate its acquisition strategy NEWPORT BEACH, Calif., February 23, 2026--(BUSINESS ...
L Squared Capital Partners said today it bought Functional Devices Inc., a provider of field devices for building automation and emergency lighting systems. Financial details were not released. L ...
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--L Squared Capital Partners (“L Squared”) announced today the acquisition of Functional Devices, Inc. (“FDI” or the “Company”), a leading provider of quality ...
L Squared is partnering with Functional Devices’ Management to continue the Company’s strong organic growth and accelerate its acquisition strategy L Squared Capital Partners (“L Squared”) announced ...
L Squared Capital Partners ("L Squared") announced today the acquisition of Functional Devices, Inc. ("FDI" or the "Company"), a leading provider of quality field devices for building automation and ...
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