Blackstone Tactical Opportunities Acquires Onyx-Fire Protection Services from TorQuest Partners

APi Group to Acquire Onyx-Fire Protection Services Inc.

April 23, 2026

Professional Services

APi Group Corporation entered into a definitive agreement to acquire Onyx-Fire Protection Services Inc., an inspection-first provider of fire and life safety services in Canada, from funds managed by Blackstone Tactical Opportunities. The transaction was expected to close in the second quarter of 2026, subject to customary regulatory approvals, and APi later announced it closed the acquisition on June 8, 2026.

Impact Fire Acquires Tiger Fire Protection

January 1, 2025

Industrial Services

Impact Fire has acquired Tiger Fire Protection, a Tulsa-based fire sprinkler and life-safety systems provider. The deal expands Impact Fire's footprint in Oklahoma and brings Tiger Fire's design, installation, inspection and maintenance capabilities into the Impact/AI Fire platform.

Fire Safety & Protection Acquires Total Fire Protection, Inc.

October 7, 2021

Industrial Services

Fire Safety & Protection, LLC (a portfolio company of Sunny River Management) acquired Total Fire Protection, Inc. effective Sept. 20, 2021. Total, a full-service fire protection contractor based in Alabama and licensed across the Southeast, will be integrated into FSP as part of its strategy to expand its Southeast regional presence; the company was owned by co-owners Donald and Tommy Black.

Impact Fire Acquires Blackstone Fire Control

October 6, 2021

Industrial Services

Impact Fire Services has acquired Blackstone Fire Control, a Greensboro, North Carolina-based full-service fire protection company. The deal establishes Impact Fire's first district office in North Carolina and expands the company's footprint and service capacity across the Southeast.

TorQuest Partners Acquires Controlling Stake in Onyx-Fire Protection Services

April 7, 2021

HVAC & Mechanical

TorQuest Partners completed a controlling equity investment in Onyx-Fire Protection Services Inc., partnering with Onyx management to accelerate growth and support an acquisition program. Onyx, headquartered in Mississauga, Ontario, provides fire and sprinkler inspection, maintenance, repair and installation services to more than 7,000 customers across Ontario and employs over 300 people; Bryan Chew was named CEO as part of the partnership.

Blackstone Tactical Opportunities Acquires Majority Stake in TITUS

December 7, 2017

Cybersecurity

Funds managed by Blackstone Tactical Opportunities acquired a majority stake in TITUS, an Ottawa-based provider of data classification and categorization solutions; terms were not disclosed. Blackstone said the investment will help TITUS accelerate its product innovation and expand geographic reach as the company — which serves millions of users and over 950 enterprise customers — scales globally.