Champlain Capital Partners Acquires FireKing International

Pacific Avenue Capital Partners Acquires KiddeFenwal from Carrier Global

July 2, 2024

Manufacturing

Los Angeles-based private equity firm Pacific Avenue Capital Partners has acquired substantially all the assets of KiddeFenwal from Carrier Global Corporation after bankruptcy-court approval. The carve-out purchases the global fire suppression and safety controls manufacturer (headquartered in Ashland, Massachusetts) with the stated aim of stabilizing the business and investing to accelerate product innovation and global growth.

IK Partners Acquires Checkmate Fire from YFM Equity Partners

March 5, 2024

Construction

IK Partners' IK Small Cap III Fund has signed an agreement to acquire Checkmate Fire, the UK’s largest passive fire protection specialist, from YFM Equity Partners. The management team will reinvest alongside IK and the firm will focus on growing its inspections division, investing in people and technology, and pursuing a targeted M&A strategy to drive further expansion across the UK.

Fire & Life Safety America Acquires Mid State Fire Equipment

February 7, 2022

Industrial Services

Fire & Life Safety America, Inc. (a subsidiary of Summit Fire & Security LLC) completed the acquisition of Mid State Fire Equipment, Inc., a family-owned fire protection sales and service firm in Lake Placid, Florida, effective February 7, 2022. The deal brings a new Lake Placid location to Summit's Florida footprint (now seven locations) and transitions ownership from founders Bill and Ellie Johnson as they retire.

Cennox Acquires FireKing Safety and Security from Pfingsten

December 1, 2021

Manufacturing

Cennox, a York Capital Management-backed platform, has acquired FireKing Safety and Security from Pfingsten. FireKing, headquartered in New Albany, Indiana, is a manufacturer and national service provider of safes and cash-cycle management equipment; the transaction closed on November 22, 2021.

Champlain Capital Partners Acquires FireKing Office & Consumer Products Division

March 3, 2020

Manufacturing

Champlain Capital Partners has acquired the FireKing Office & Consumer Products Division (FireKing OCP) from FK Safety and Security, L.L.C., a portfolio company of Pfingsten Partners. Terms were not disclosed; Brown Gibbons Lang & Company served as exclusive financial advisor to the seller. The transaction transfers FireKing's office- and consumer-focused fireproof and secure storage business to Champlain, while FK Safety and Security retains FireKing's Security Products and Services divisions.

Capitala Group and Trinity Private Equity Group Invest in Chief Fire Prevention & Mechanical Corp

December 19, 2019

HVAC & Mechanical

Capitala Group has closed a credit investment in Chief Fire Prevention & Mechanical Corp, a Mount Vernon, New York-based provider of commercial kitchen exhaust and pre-engineered fire suppression system services. The investment was made in partnership with Trinity Private Equity Group to support Chief Fire's management team and enable continued market-share growth organically and through acquisitions.