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New Deal


Announced

BlackRock-backed Summit Fire & Security to acquire Protegis Fire & Safety from Align Capital Partners.

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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Majority

Friendly

Domestic

Acquisition

Private

Private Equity

fire safety

Single Bidder

Pending

United States

facility solutions

Security Equipment

Synopsis

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BlackRock-backed Summit Fire & Security, a fire and life safety services firm, agreed to acquire Protegis Fire & Safety, a provider of fire and life safety services, from Align Capital Partners, a private equity firm. Financial terms were not disclosed. "At Protegis, our shared ambition has been to build the best company in fire protection. We’ve made a great deal of progress on that journey. Becoming part of the SFS team is a logical and exciting next step – moving us forward a huge leap and bringing substantial benefits to our customers and employees," Peter van Niekerk, Protegis CEO.

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