Apax Funds Acquires Altus Fire & Life Safety from AE Industrial Partners
September 1, 2024
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.
- Targets
- Altus Fire & Life Safety
- Sellers
- AE Industrial Partners
- Industry
- Industrial Services
- Location
- New York, United States
- Transaction Type
- Buyout
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