What is Fortive?
Fortive Corporation, traded on the NYSE under the ticker FTV, is a diversified industrial technology conglomerate headquartered in Everett, Washington. Spun off from Danaher Corporation in 2016, Fortive operates across three core segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The company focuses on providing essential technology and solutions that drive operational efficiency and innovation for its global customer base.
How much funding has Fortive raised?
Fortive has raised a total of $1B across 1 funding round:
Debt
$1B
Debt (2021): $1B with participation from BofA Securities and Bank of Nova Scotia
Key Investors in Fortive
BofA Securities
BofA Securities is the investment banking division of Bank of America, specializing in providing financial services and capital markets solutions to corporations.
Bank of Nova Scotia
Bank of Nova Scotia, also known as Scotiabank, is a multinational financial services company offering a wide range of banking and financial products and services.
What's next for Fortive?
The recent major strategic investment indicates Fortive's continued focus on expanding its market reach and enhancing its technological capabilities. As a publicly traded entity with a history of strategic acquisitions and operational improvements, Fortive is well-positioned to leverage this capital for further integration of its business segments, potential new market entries, and continued development of advanced solutions within its core sectors. The company's trajectory suggests a commitment to sustained growth and value creation.
See full Fortive company page
