Altus Fire and Life Safety (AE Industrial Partners-backed) Acquires Priority Fire and Security

Altus Fire and Life Safety Acquires Fire Systems, Inc.

May 5, 2022

Industrial Services

Altus Fire and Life Safety, an AE Industrial Partners portfolio platform, acquired Fire Systems, Inc., a family-owned fire and life safety services provider operating primarily in Massachusetts and Rhode Island. The founders — Charles and Cheryl Barrett and Gary Lanowy — will retain a minority stake; the acquisition expands Altus' footprint and service capacity in Southern New England.

Apax Funds Acquires Altus Fire & Life Safety from AE Industrial Partners

September 1, 2024

Industrial Services

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.

Altus Fire & Life Safety Acquires Star Fire Protection

August 11, 2025

Industrial Services

Altus Fire & Life Safety, a portfolio company of funds advised by Apax Partners LLP, has acquired Star Fire Protection to expand Altus's presence in the U.S. Northeast. The deal will allow Altus to offer its full suite of fire protection and life safety services to Star Fire's customers and strengthen regional coverage.

Altus Fire and Life Safety Acquires Crime Intervention Alarm

May 30, 2023

Industrial Services

Altus Fire and Life Safety, a fire and life safety platform backed by AE Industrial Partners, has acquired Crime Intervention Alarm (CIA), a York, Pennsylvania-based provider of security, surveillance, access control and fire system services. The add-on expands Altus’s service capabilities and strengthens its presence in Pennsylvania and the broader Mid-Atlantic region; CIA’s president John Lakatosh will remain with the business post-close.

Altus Fire and Life Safety (AE Industrial Partners) Acquires Croker

March 31, 2022

Industrial Services

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.

Altus Fire and Life Safety Acquires BK Systems, Inc.

June 1, 2022

Electrical Services

Altus Fire and Life Safety, a platform company backed by AE Industrial Partners, has acquired BK Systems, Inc., a Pembroke, New Hampshire-based provider of installation, monitoring and repair services for fire alarm, suppression and security systems. BK Systems' founder Karl Klardie and his daughter Beth Mortell retain a minority stake; terms were not disclosed. The deal is an add-on to the Altus platform and expands its presence and Honeywell NOTIFIER ESD capability across Northern New England.