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 March 26, 2021, Pye-Barker Fire & Safety, an Atlanta, Georgia-based
  provider of fire and safety protection services, has acquired Dallas,
  Texas-based LPS, a safety company that specializes in fire sprinkler and
  alarm systems. LPS was founded in 2011 and specializes in fire sprinkler
  and alarm systems.
• On February 2, 2021, AI Fire, LLC, a Long Beach, California-based fire
  safety services provider backed by Audax Private Equity, acquired
  Legacy Fire Protection, a Massachusetts and Connecticut-based
  provider of fire sprinkler services. Legacy Fire Protection is a leading
  area fire and life safety service provider specializing in designing,
  installing, and inspecting all types of fire protection sprinkler systems
  including wet, dry, pre-action, deluge, and standpipe sprinkler systems.
• On January 28, 2021, The Riverside Company, a global private equity firm focused on the smaller end of the middle market, has invested in Great Lakes Fire & Safety Equipment (Great Lakes), a family-owned business
  in Alpena, Michigan. The investment is an add-on to Riverside’s CertaSite platform, a fire and life safety company.

Past Industry Updates