Building Industry Partners Announces Strategic Sale of Rapidly Growing Endeavor Fire Protection to APi Group Corporation
APi Group Corporation (APG)
Company Research
Source: Business Wire
Endeavor team members shared in the business’ equity value appreciation, as the sale marked BIP’s first exit of a portfolio company under its piloted broad-based employee ownership program BOSTON--(BUSINESS WIRE)--Building Industry Partners (“BIP”), the leading middle market private equity firm focused on the U.S. building industry, is proud to announce the successful sale of Endeavor Fire Protection (“Endeavor”), a rapidly growing provider of fire protection and life safety installation, maintenance and repair, and inspection services. Endeavor was sold to APi Group Corporation (NYSE: APG) (“APi”), a market-leading publicly traded provider of business services, including safety and specialty services, with over 500 locations worldwide. Specific terms of the transaction were not disclosed.BIP launched the Endeavor platform in partnership with Robert Lane, Endeavor’s CEO, in 2022, initially focusing on the Greater Chicago market, with the acquisitions of Valley Fire Protection and A
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APG
Earnings
- 10/31/24 - In-Line
APG
Sec Filings
- 11/22/24 - Form 8-K
- 11/14/24 - Form SC
- 11/14/24 - Form 4
- APG's page on the SEC website