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New Deal


Announced

Completed

Snow Phipps Group completed the acquisition of AI Fire from Audax.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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fire protection

Completed

Domestic

Friendly

Private Equity

United States

Acquisition

Security Services

Majority

Single Bidder

Private

Synopsis

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Private equity firm Snow Phipps Group completed the acquisition of AI Fire, a national provider of fire protection services, from Audax. Financial terms were not disclosed. "AI Fire is a unique services business that is poised for significant growth in the attractive fire protection services industry. We look forward to building on the Company's strong reputation and market position, and to growing the business both organically and through highly strategic acquisitions," Brandon Kiss, Snow Phipps Partner.

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