M&A Deal Summary

Fortis Fire & Safety Acquires Diversified Systems

On August 1, 2024, Fortis Fire & Safety acquired safety/security company Diversified Systems from IFSS

Acquisition Highlights
  • This is Fortis Fire & Safety’s 6th transaction in the Safety/Security sector.
  • This is Fortis Fire & Safety’s 6th transaction in the United States.
  • This is Fortis Fire & Safety’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2024-08-01
Target Diversified Systems
Sector Safety/Security
Buyer(s) Fortis Fire & Safety
Sellers(s) IFSS
Deal Type Divestiture

Target

Diversified Systems

Knightdale, North Carolina, United States
Diversified Systems provides security systems for commercial and institutional buildings. Diversified Systems security services include access control systems, closed-circuit television, IP video systems, network recording systems, fire and life safety systems, vehicle control, and high-security locks. Diversified Systems was founded in 1990 and is based in Knightdale, North Carolina.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Fortis Fire & Safety

Schaumburg, Illinois, United States

Category Company
Founded 2021
Sector Safety/Security
DESCRIPTION

Fortis Fire & Safety is a fire protection service company. Fortis Fire & Safety was founded in 2021 and is based in Schaumburg, Illinois.


DEAL STATS #
Overall 6 of 6
Sector (Safety/Security) 6 of 6
Type (Divestiture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 6 of 6
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-01 IFSS

Fort Myers, Florida, United States

IFSS is a provider of turn-key low voltage solutions to meet the current life safety and security needs. IFSS was founded in 2006 and is based in Fort Myers, Florida.

Buy -

Seller(S) 1

SELLER

IFSS

Fort Myers, Florida, United States

Category Company
Founded 2006
Sector Safety/Security
DESCRIPTION

IFSS is a provider of turn-key low voltage solutions to meet the current life safety and security needs. IFSS was founded in 2006 and is based in Fort Myers, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Safety/Security) 1 of 1
Type (Divestiture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-18 Diversified Systems

Knightdale, North Carolina, United States

Diversified Systems provides security systems for commercial and institutional buildings. Diversified Systems security services include access control systems, closed-circuit television, IP video systems, network recording systems, fire and life safety systems, vehicle control, and high-security locks. Diversified Systems was founded in 1990 and is based in Knightdale, North Carolina.

Buy -