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.

Buyers
Apax Funds (funds advised by Apax Partners LLP)
Targets
Altus Fire & Life Safety
Sellers
AE Industrial Partners
Location
New York, United States
Transaction Type
Buyout

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