Announced
Completed
Synopsis
Building Industry Partners, a private equity firm, completed the acquisition of Valley Fire Protection Systems, a firm that installs, services, and repairs fire suppression and plumbing systems. BIP forms new fire & life safety platform, Endeavor Fire Protection, with the acquisition of Valley Fire Protection Systems. Financial terms were not disclosed. “We are extremely happy to announce the formation of Endeavor Fire Protection and the closing of the Valley Fire Protection Systems acquisition. BIP has deep relationships in the fire protection segment and has long wanted to build a platform in this vertical. Valley is an elite operator with a field-driven philosophy. The Company brings extraordinary capabilities and a long-standing reputation as a leader in the fire protection sector. Given the strong leadership at all levels of the Company, we believe Valley will continue to innovate and grow. We are confident that this will be a strong partnership," Robert Lane, BIP Vice President.
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