M&A Deal Summary

The Blackstone Group Acquires AI Fire

On February 6, 2025, private equity firm The Blackstone Group acquired safety/security company AI Fire from TruArc Partners for 1.1B USD

Acquisition Highlights
  • This is The Blackstone Group’s 4th transaction in the Safety/Security sector.
  • This is The Blackstone Group’s 96th largest (disclosed) transaction.
  • This is The Blackstone Group’s 220th transaction in the United States.
  • This is The Blackstone Group’s 21st transaction in California.

M&A Deal Summary

Date 2025-02-06
Target AI Fire
Sector Safety/Security
Buyer(s) The Blackstone Group
Sellers(s) TruArc Partners
Deal Type Secondary Buyout
Deal Value 1.1B USD

Target

AI Fire

Long Beach, California, United States
AI Fire provides fire and life safety services, including inspection, service, customized work orders, and installation for fire alarms, sprinklers, fire extinguishers, and other fire suppression systems. AI Fire was founded in 2009 and is based in Long Beach, California.

Search 214,107 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

The Blackstone Group

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 394.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York, New York.


DEAL STATS #
Overall 350 of 362
Sector: Safety/Security M&A 4 of 4
Type: Secondary Buyout M&A Deals 85 of 90
State: California M&A 21 of 22
Country: United States M&A 220 of 230
Year: 2025 M&A 4 of 16
Size (of disclosed) 96 of 183
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-24 Potomac

Leesburg, Virginia, United States

Potomac is a 774-megawatt natural gas power plant. Potomac Energy Center is based in Leesburg, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-11 Anthos Therapeutics

Boston, Massachusetts, United States

Anthos Therapeutics is a clinical-stage biopharmaceutical company focused on the development and commercialization of genetically and pharmacologically validated therapies for high-risk cardiovascular patient populations. Anthos Therapeutics was founded in 2019 and is based in Boston, Massachusetts.

Sell $3.0B

Seller(S) 1

SELLER

TruArc Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 3.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

TruArc Partners is a private equity firm that invests in small to mid-market companies throughout North America. The Firm seeks to invest $50 to $150 million in companies valued between $100 and $500 million. TruArc Partners will consider a variety of transaction types, including leveraged acquisitions, build-ups, recapitalizations, restructurings and growth equity commitments. TruArc Partners was formerly known as Snow Phipps Group. The Firm was established in 2005 and is based in New York, New York.


DEAL STATS #
Overall 17 of 18
Sector: Safety/Security M&A 2 of 2
Type: Secondary Buyout M&A Deals 8 of 9
State: California M&A 4 of 4
Country: United States M&A 17 of 18
Year: 2025 M&A 1 of 2
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-10 DMI Personal Care

Wharton, New Jersey, United States

DMI Personal Care is a contract developer and manufacturer of beauty and personal care products to growth-oriented customers. DMI offers product development and innovation, regulatory compliance, process engineering, manufacturing, and filling services in a cGMP facility with FDA registration and UL certification. DMI focuses on the skincare, bodycare, color cosmetics and haircare product categories. DMI Personal Care is based in Wharton, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-07 Ideal Tridon

Smyrna, Tennessee, United States

Ideal Tridon is a global engineering solutions designer and manufacturer of stainless steel worm gear and specialty clamps and couplings for industrial, heavy duty, plumbing, irrigation, marine and automotive applications. Ideal Tridon was founded in 1913 and is based in Smyrna, Tennessee.

Sell -