Altus Fire and Life Safety (AE Industrial Partners) Acquires Croker

Altus Fire and Life Safety Acquires Fire Systems, Inc.

May 5, 2022

Industrial Services

Altus Fire and Life Safety, an AE Industrial Partners portfolio platform, acquired Fire Systems, Inc., a family-owned fire and life safety services provider operating primarily in Massachusetts and Rhode Island. The founders — Charles and Cheryl Barrett and Gary Lanowy — will retain a minority stake; the acquisition expands Altus' footprint and service capacity in Southern New England.

Altus Fire and Life Safety (AE Industrial Partners-backed) Acquires Priority Fire and Security

June 1, 2023

Industrial Services

Altus Fire and Life Safety, a fire and life safety platform backed by AE Industrial Partners, has acquired Priority Fire and Security, a Clinton, Massachusetts-based provider of fire and security system design, installation, monitoring and maintenance. Priority Fire's founder and president, Steve Prior, will remain active with the business; the deal expands Altus's Honeywell-aligned capabilities and service footprint in the Northeast as an add-on to its platform.

Altus Fire and Life Safety Acquires Crime Intervention Alarm

May 30, 2023

Industrial Services

Altus Fire and Life Safety, a fire and life safety platform backed by AE Industrial Partners, has acquired Crime Intervention Alarm (CIA), a York, Pennsylvania-based provider of security, surveillance, access control and fire system services. The add-on expands Altus’s service capabilities and strengthens its presence in Pennsylvania and the broader Mid-Atlantic region; CIA’s president John Lakatosh will remain with the business post-close.

Apax Funds Acquires Altus Fire & Life Safety from AE Industrial Partners

September 1, 2024

Industrial Services

Funds advised by Apax Partners LLP announced a strategic investment to acquire Altus Fire & Life Safety, a provider of regulation‑mandated fire and life safety services in the Northeastern United States. Apax will partner with Altus management to accelerate geographic expansion, invest in sales and product capabilities, and pursue further M&A; AE Industrial Partners was the selling shareholder and Altus was advised by Lincoln International.

AE Industrial Partners Acquires Cross-Fire & Security Co.

May 20, 2021

Engineering Services

AE Industrial Partners, LP has acquired Cross-Fire & Security Co., a full-service fire and life safety company headquartered in Brooklyn, New York. Cross-Fire will serve as the entry point for a new fire and life safety services platform for AEI as the firm looks to consolidate the fragmented sector and invest in growth and capability expansion.

Altus Fire and Life Safety Acquires BK Systems, Inc.

June 1, 2022

Electrical Services

Altus Fire and Life Safety, a platform company backed by AE Industrial Partners, has acquired BK Systems, Inc., a Pembroke, New Hampshire-based provider of installation, monitoring and repair services for fire alarm, suppression and security systems. BK Systems' founder Karl Klardie and his daughter Beth Mortell retain a minority stake; terms were not disclosed. The deal is an add-on to the Altus platform and expands its presence and Honeywell NOTIFIER ESD capability across Northern New England.