Altus Fire and Life Safety (AE Industrial Partners) Acquires Croker
March 31, 2022
Altus Fire and Life Safety, a fire and life safety services platform owned by private equity firm AE Industrial Partners, acquired Croker, a 110-year-old provider of fire, life safety, emergency preparedness and business resilience programs serving the Northeastern U.S. Croker's president Brian L. Weinstein will remain with the company and retain a minority stake; terms were not disclosed. The deal expands Altus' capabilities and scale across commercial and healthcare facilities in New York, Connecticut, New Jersey, Pennsylvania and Delaware.
- Targets
- Croker (Croker Fire Drill Corporation / Croker Fire Safety Corporation / Croker Fire & Life Safety Institute)
- Sellers
- Ray Weinstein
- Platforms
- Altus Fire and Life Safety
- Industry
- Industrial Services
- Location
- New York, United States
- Transaction Type
- Addon
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