M&A Deal Summary

Altus Acquires Fire Systems

On May 5, 2022, Altus acquired safety/security company Fire Systems

Acquisition Highlights
  • This is Altus’ 5th transaction in the Safety/Security sector.
  • This is Altus’ 5th transaction in the United States.
  • This is Altus’ 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2022-05-05
Target Fire Systems
Sector Safety/Security
Buyer(s) Altus
Deal Type Add-on Acquisition

Target

Fire Systems

North Dartmouth, Massachusetts, United States
Fire Systems is a family-owned and operated company that is an authorized engineered systems distributor for Honeywell's Notifier products, among others, and stocks a wide variety of products ranging from basic to technologically advanced systems featuring fully networked addressable intelligent systems. Fire Systems is based in North Dartmouth, Massachusetts.

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Buyer(S) 1

Buyer

Altus

New York, New York, United States

Category Company
Sector Safety/Security
DESCRIPTION

Altus is a full-service fire and life safety services platform. Altus offers a complete suite of solutions, from the design, engineering, installation, and servicing of state-of-the-art fire and life safety systems, to training, consulting, crisis management, and business continuity services. Altus is headquartered in New York City.


DEAL STATS #
Overall 5 of 8
Sector (Safety/Security) 5 of 8
Type (Add-on Acquisition) 5 of 8
State (Massachusetts) 2 of 3
Country (United States) 5 of 8
Year (2022) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-31 Croker

Elmsford, New York, United States

Croker provides a wide range of fire and life safety services for the workplace, including drills, planning, educating, training, exercising, and consulting services as well as crisis management and business continuity services. Croker operates through three subsidiaries, Croker Fire Drill Corporation, Croker Fire Safety Corporation, and Croker Fire & Life Safety Institute. Croker was established in 1911 and is based in Elmsford, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-01 BK Systems

Pembroke, New Hampshire, United States

BK Systems is a provider of installation, monitoring, and repair services for fire alarm, fire suppression, and security systems across New Hampshire, Maine, Vermont, and Massachusetts. BK Systems is based in Pembroke, New Hampshire.

Buy -