Altus Fire & Life Safety acquires Facility Compliance Services LLC & Facilities Compliance Fire Protection LLC as part of accelerated M&A strategy
16th December 2024
Apax Altus Fire & Life Safety (“Altus”), a portfolio company of funds advised by Apax Partners LLP (“Apax”), and a leading provider of regulation-mandated fire aAltus Fire & Life Safety (“Altus”), a portfolio company of funds advised by Apax Partners LLP (“Apax”), and a leading provider of regulation-mandated fire and life safety services in the Northeastern and Mid-Atlantic regions of the United States, today announced that it has acquired Facility Compliance Services LLC & Facilities Compliance Fire Protection LLC (“FCS” or “the Company”), a provider of similar services.
FCS provides high-quality inspection, testing, maintenance and compliance services across a broad range of industries and is held in high regard for its expertise. FCS operates in an attractive and complementary geography, in Connecticut, where Altus previously had no material presence.
Altus’ acquisition of FCS marks its 10th acquisition since 2021, expanding its service offering and strengthening its commitment to providing top-tier fire protection, safety and compliance solutions to clients. Altus remains committed to executing its strategic plan to grow organically and through acquisitions by acquiring leading fire protection and life safety companies throughout the United States.
John Adams, CEO, Altus Fire & Life Safety, said: “The acquisition of FCS is an important milestone in Altus’ growth journey. It equips us with the expertise and relationships to reach new customers, strengthening our ability to serve diverse end markets and expand our geographical footprint across the United States.”
Robert Boulanger III, Founder and CEO of FCS, said: “We are excited to join Altus Fire & Life Safety. Altus’ reputation for excellence and innovation in fire protection and life safety makes this a perfect partnership. Together, we look forward to offering our clients an even more robust suite of services, helping them to stay compliant, safe, and secure. Additionally, we are pleased to offer our people an incredible opportunity to advance in a rapidly growing world-class organization.”
Nedu Ottih, Partner at Apax, said: “It’s great to see Altus make its first strategic acquisition within just a few months of receiving its initial investment from the Apax Funds. The Apax Funds have extensive experience in supporting portfolio companies with inorganic expansion and we are excited to collaborate with John, Robert and their teams in this next phase of growth.”