M&A Deal Summary

Summit Fire & Security Acquires Professional Systems Technology

On February 14, 2023, Summit Fire & Security acquired safety/security company Professional Systems Technology

Acquisition Highlights
  • This is Summit Fire & Security’s 20th transaction in the Safety/Security sector.
  • This is Summit Fire & Security’s 20th transaction in the United States.
  • This is Summit Fire & Security’s 2nd transaction in Utah.

M&A Deal Summary

Date 2023-02-14
Target Professional Systems Technology
Sector Safety/Security
Buyer(s) Summit Fire & Security
Deal Type Add-on Acquisition

Target

Professional Systems Technology

Salt Lake City, Utah, United States
Professional Systems Technology designs, installs, and services a variety of low voltage systems, including fire alarm, life safety systems, mass notification, access control, security, and AV systems. Professional Systems Technology is based in Salt Lake City, Utah.

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Buyer(S) 1

Buyer

Summit Fire & Security

Reno, Nevada, United States

Category Company
Sector Safety/Security
DESCRIPTION

Summit Fire & Security provides fire protection and life safety services: fire alarm installation, inspection & repair, kitchen range-hood suppression systems installation, inspection & repair, kitchen exhaust cleaning, fire extinguisher sales, service & installation, fire extinguisher training classes, fire hydrant inspections, testing & repair, back-flow preventer inspections, testing & repairs, fire pump weekly/monthly runs & annual maintenance, and total flood system installation, inspection & repair (halon, alternative clean agents, dry chemical systems, foam systems, CO2 systems). Summit Fire & Security is based in Reno, Nevada.


DEAL STATS #
Overall 20 of 57
Sector: Safety/Security M&A 20 of 57
Type: Add-on Acquisition M&A Deals 20 of 57
State: Utah M&A 2 of 2
Country: United States M&A 20 of 57
Year: 2023 M&A 1 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-22 Blue Flame Fire Protection

Jacksonville, Florida, United States

Blue Flame Fire Protection provides fire and life safety installation, maintenance, and inspection services. Blue Flame Fire Protection is based in Jacksonville, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-14 Global Alarm Systems

Whitehouse, Texas, United States

Global Alarm Systems provides camera surveillance, access control systems, commercial fire alarm systems, and more. Global Alarm Systems was founded in 1975 and is based in Whitehouse, Texas.

Buy -