AI Fire acquires Fire Protection Concepts Inc

Academy Fire acquires Fire Protection Concepts

Acquisition Announcement

AI Fire, a portfolio company of Audax Private Equity, announces the acquisition of Fire Protection Concepts, Inc. of Golden CO.

THE COMPANY

Fire Protection Concepts, Inc. (“Fire Protection Concepts”) installs and services special hazard fire suppression and fire detection systems in Colorado and the surrounding region. Headquartered in Golden, CO, Fire Protection Concepts provides services for special hazard, fire alarm, clean agent, and water mist systems.

Academy Fire

THE DEAL

AI Fire LLC (“AI Fire”), a portfolio company of Audax Private Equity (“Audax”), has completed the acquisition of Fire Protection Concepts, representing the company’s fifth acquisition since Audax’ investment.

THE THESIS

In April 2017, Audax partnered with AI Fire, a leading provider of fire and life safety services to national, regional and local customers. AI Fire offers national account services via its vendor network at Academy Fire and serves local and regional customers through its self-perform operation, Impact Fire. Audax intends to support the AI Fire management team as they build a leading platform through organic growth initiatives and add-on acquisitions within the fragmented U.S. fire and life safety services market. Fire Protection Concepts expands AI Fire’s self-perform footprint in Colorado.

About Flatirons Capital Advisors

Flatirons Capital Advisors, LLC is an investment banking firm that helps privately held companies sell their businesses and/or acquire other businesses.

For more information contact Keith Wegen or call 303-905-0733.