APi Group Acquires Chubb Fire & Security Business from Carrier

January 3, 2022

APi Group Corporation has completed its acquisition of the Chubb fire and security business from Carrier Global Corporation for an enterprise value of $3.1 billion. The deal adds roughly 13,000 employees and extensive fire/security installation, monitoring and maintenance capabilities across 17 countries, strengthening APi's recurring-services life-safety platform and international footprint.

Buyers
APi Group Corporation
Targets
Chubb fire and security business
Sellers
Carrier Global Corporation
Location
Surrey, United Kingdom
Transaction Type
Divestiture

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.