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.
Read the full report: Fire Prevention: December 2019
December 2019 Industry Highlights
- On November 13, 2019, Summit Companies, which is backed by CI Capital Partners, has acquired Oklahoma-based Mac Systems Inc., a provider of fire and life safety services. A-1 National Fire Co., a subsidiary of Summit, will acquire Mac Systems and aligns with Summit’s expansion into the Southern and Southwestern region of the U.S.
- On November 8, 2019, Markel Corporation and VSC Fire & Security, Inc. announced that they have entered into a definitive agreement for Markel to acquirer VSC. VSC is a provider of comprehensive fire protection, line safety, and low voltage solutions to retailers, commercial campuses, healthcare facilities, and government properties throughout the Southeast U.S.
- On October 16, 2019, Core & Main, a $3.2 billion distributor of water, sewer, and fire protection products, completed its eighth and ninth acquisitions since becoming an independent company in 2017 by acquiring J&J Municipal Supply Inc. and Erosion Resources & Supply Inc. The acquisitions and deal activity in 2019 align with Core & Main’s aggressive geographic and product expansion.
- Read the full December 2019 Fire Prevention Industry Report.
Past Industry Updates: