Holland & Knight Advises Building Industry Partners in Sale of Endeavor Fire Protection
Holland & Knight recently advised Building Industry Partners (BIP) in the sale of Endeavor Fire Protection to APi Group Corporation. This transaction, announced on November 20, marks an important milestone for BIP, a private equity firm specializing in the U.S. building industry.
Based in Boston, BIP has a strong track record of supporting growth in middle-market building businesses. In 2022, BIP established the Endeavor Fire Protection platform through the acquisitions of Valley Fire Protection and Allegiant Fire Protection. Specializing in fire protection and life safety services, Endeavor Fire Protection expanded significantly under BIP’s ownership over the past two years.
APi Group Corporation, with over 500 locations worldwide, is a key player in business services, including safety and specialty services. The acquisition of Endeavor Fire Protection represents a strategic move for APi Group Corporation as it continues to grow and diversify its offerings.
The Holland & Knight team, led by Partners Adam August and Ashley Plemons, along with Associates Francesco Salpietro, Fay Shaulson, and Claire Lydiard, played a critical role in facilitating this transaction. With support from Partners Gary Schoenbrun, Kara Ariail, and Eric Rubin, as well as Associate Patrick Burri, the team ensured a smooth process for BIP.
For more details on this transaction, you can find additional information here. Holland & Knight has recently been recognized as the Private Equity Law Firm of the Year by the Global M&A Network. They are known for their expertise in M&A and private equity, consistently ranking highly in league tables published by reputable sources like Bloomberg, LSEG, Mergermarket, PitchBook, and The Deal.
Through their HK Deal Flow program, Holland & Knight connects clients with potential acquisition and capital-raising opportunities, demonstrating their commitment to facilitating successful deals in the market.