Announced
Financials
Sources
Tags
Acquisition
Friendly
Private
United States
Majority
Single Bidder
life safety
fire safety
Pending
Private Equity
Security Services
Synopsis
A-1 National Fire, a subsidiary of Summit, a fire and life safety company, agreed to acquire Mac Systems, a provider of fire and life safety services. Financial terms were not disclosed. The acquisition of Mac Systems is a strategic expansion of Summit's existing fire protection, life safety, and consulting business to the state of Oklahoma. "Mac Systems was built on a culture of hard work and excellence, with a customer-first approach. Summit approaches business the same way, and I am confident our customers will continue to receive great service while getting access to more resources and offerings. Our employees will have a great future ahead of them as they join the Summit team," Drake McDannold, Mac Systems President.
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