Industry Update: Fire Prevention
VRC is proud to release its latest industry report. The report provides a concise, insightful update on the Fire Prevention industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
Industry Highlights
- On November 16, 2023, Sciens Building Solutions announced it acquired BASS United Fire & Security Systems, Inc., adding to its growing nationwide portfolio of companies. This acquisition adds to the existing five Sciens locations and over 500 employees in Florida.
- On December 14, 2023, Pye-Barker Fire & Safety acquired two security and alarm companies in Greensboro, North Carolina Alarmguard Security, Inc., and Sentry Watch. Pye-Barker remains focused on a rapid growth trajectory supported through strategic acquisitions and organic sales.