About the Transaction
All State Fire & Security (“All State”) (allstatefirewny.com) is a leading provider of fire safety and security products and services in the Northeast US, including the design, installation, service, and inspection of fire suppression systems, sprinkler systems, and security and fire alarm systems and monitoring. The Company serves customers in a variety of end markets, including industrial, commercial, and government organizations, and has experienced revenue growth each year throughout its fifteen-year history. All State’s strong reputation is a result of their broad product offering, elite customer service, and highly-skilled, certified and licensed technicians.
The buyer, APi Group, Inc. (“APi”) (apigroupinc.com), which is publicly traded on the New York Stock Exchange (NYSE: APG), is a leading business services provider of safety, specialty, and industrial services, with over 200 locations worldwide. Founded in 1926, APi is comprised of a family of companies working together, offering a wide breadth of products and services that can fulfill nearly every phase of an industrial, safety, or specialty project. APi’s segmented operating model combines the personal attention of a small company with the strength of an industry leader. The acquisition of All State helps fill out the APi fire safety and security product line in the Northeast US region while also enhancing their already-established foundation of sprinkler and suppression products and services.
Paramax served as the exclusive M&A advisor to All State Fire & Security on this transaction. Paramax is a FINRA-registered investment banking firm focused on advising companies and shareholders in sell-side M&A transactions to strategic buyers at after-tax optimized prices. Paramax is headquartered in Williamsville, NY with an International reach through its partnership in Globalscope Partners Ltd., a group of international corporate finance and business advisors operating globally to support M&A transactions.