APi Group completed the acquisition of SK FireSafety from Apax Partners for $362m.

APi Group, a provider of construction equipment and services, completed the acquisition of SK FireSafety, a provider of fire protection products, from Apax Partners, an independent global partnership focused solely on long-term investment in growth companies, for $362m. “We are very pleased to have worked with Ewald and the whole management team of SK FireSafety Group. Together, we refocused the company on highly resilient activities, and defined and implemented an ambitious acquisition strategy. As a result, the company is now resilient, fast growing and highly profitable. It has become a platform on which to anchor further acquisitions," Bertrand Pivin, Apax Partners Partner.