Leonard Green & Partners Acquires Majority Stake in Pye-Barker Fire & Safety
November 26, 2019
Leonard Green & Partners has acquired a majority stake in Pye-Barker Fire & Safety, a U.S. route-based fire protection and life-safety services platform founded in Atlanta. Carousel Capital completed a majority exit from the company (remaining as a minority investor) after partnering with Pye-Barker since 2016, during which the company completed 35 add-on acquisitions and materially grew revenue and EBITDA.
- Buyers
- Leonard Green & Partners
- Targets
- Pye-Barker Fire & Safety
- Sellers
- Carousel Capital
- Industry
- Industrial Services
- Location
- Georgia, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
ADIA and GIC Acquire Minority Stakes in Pye-Barker Fire & Safety; LGP Invests Additional Capital
January 10, 2025
Industrial Services
A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and GIC have acquired minority stakes in Pye-Barker Fire & Safety, joining existing investors Altas Partners and Leonard Green & Partners (LGP). LGP also injected significant new capital while Altas retained its majority ownership; the transaction closed in January 2025 to support Pye-Barker's next phase of growth.
-
Pye-Barker Fire & Safety Acquires 57 Regional Life-Safety Companies in 2024
June 24, 2025
Industrial Services
Pye-Barker Fire & Safety completed a program of inorganic growth in 2024, integrating 57 acquisitions to expand its fire protection, life safety and security services footprint across 46 U.S. states. The acquisitions are add-on consolidations that broaden Pye-Barker’s geographic coverage and service capabilities while preserving the culture and local legacy of acquired businesses.
-
Pye-Barker Fire & Safety Acquires Fire Protection Equipment Company
June 10, 2025
Industrial Services
Pye-Barker Fire & Safety has acquired Fire Protection Equipment Company, a Richmond-based, family-owned fire protection and alarm provider founded in 1926 that serves Virginia and North Carolina. The deal adds local fire protection, extinguisher, alarm, sprinkler and suppression capabilities (and exclusive regional MSA G1 distribution) to Pye-Barker's East Coast footprint and preserves the target's technician team and community relationships.
-
Altas Partners Majority Investment in Pye-Barker Fire
June 21, 2021
Industrial Services
Altas Partners has completed a majority investment in Pye-Barker Fire, a leading U.S. independent fire protection services company. Pye-Barker, founded in 1946, operates ~80 branches across 19 states and provides inspection, testing, maintenance, repair and installation services to more than 80,000 commercial customers.
-
Pye-Barker Fire & Safety Acquires Southeastern System Services
August 7, 2025
Industrial Services
Pye-Barker Fire & Safety has acquired Georgia-based Southeastern System Services, a family-run fire protection and security company led by owner Darin Neslein. The acquisition expands Pye-Barker’s fire protection and security service footprint across Georgia and the broader Southeastern U.S., adding expertise in fire suppression, alarms, and surveillance systems.
-
Pye-Barker Fire & Safety Continues Acquisition Momentum with Dozen+ Regional Fire & Security Companies
June 30, 2025
Industrial Services
Pye-Barker Fire & Safety acquired more than a dozen regional fire alarm, fire sprinkler and security companies across the United States in the first half of 2025, adding locations and skilled teams in markets from Idaho to Florida. The bolt-on transactions expand Pye-Barker's geographic footprint and service capabilities in life safety, fire protection and security.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.