Announced

APi Group to acquire CertaSite.

Synopsis

APi Group, a business services provider of safety and specialty services, agreed to acquire CertaSite, an inspection-first provider of fire protection and life safety services. Financial terms are not disclosed. “We are excited to welcome the CertaSite team to the APi family and invest in each of our new teammates professionally and personally. CertaSite’s inspection-first business model aligns with our inspection-first flywheel strategy and is expected to contribute meaningfully to our long-term 60% business mix target. We look forward to partnering with our CertaSite teammates to achieve the opportunities created by this acquisition for both our organizations,” Russ Becker, APi Group President and CEO.

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