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

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.