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 February 21, 2023, Jensen Hughes, a global leader in life safety, security and risk-based engineering and consulting, announced the acquisition of BRANDGRUPPEN, a specialist fire engineering consultancy in Denmark. The acquisition of BRANDGRUPPEN marks the company’s first entry into the Danish market, where recent certification changes are expected to drive growth in the fire engineering industry.
• On November 29, 2022, Fortis Fire & Safety, one of the nation’s newest fire protection service companies, acquired CJ Suppression Inc. headquartered in Corona, CA. This acquisition expands the California presence of Fortis, anchored by the inaugural acquisition of VFS Fire & Security Services headquartered in Orange County, California.

Past Industry Updates

Fire Prevention: November 2022

Fire Prevention: August 2022

Fire Prevention: April 2022

Fire Prevention: February 2022