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New Deal


Announced

Completed

Building Industry Partners-backed Endeavor Fire Protection completed the acquisition of Allegiant Fire Protection.

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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Consumer Services: Other

Majority

Private

fire protection

Domestic

Private Equity

United States

Acquisition

Completed

Single Bidder

Friendly

Synopsis

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Building Industry Partners-backed Endeavor Fire Protection, a contractor for a wide array of fire protection and safety needs, completed the acquisition of Allegiant Fire Protection, a designer and installer of fire alarm systems. Financial terms were not disclosed. “We are extremely happy to announce the closing of Allegiant Fire Protection, extending our family of companies in the Greater Chicagoland area. We believe that Allegiant is a premier fire protection contractor, providing extraordinary outcomes for its customers across a diverse set of markets. Allegiant brings an established reputation for innovation and excellence, and we believe that they will greatly improve our customer offering throughout Illinois and the Midwest," Robert Lane, BIP Vice President.

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