About the Transaction
Paramax is excited to announce the successful acquisition of Empire Emergency Apparatus by Island Tech Services, a subsidiary of AAVIN Partners.
Empire Emergency Apparatus (“Empire”) (www.empireemergency.com), a recognized leader in emergency services equipment, offers a comprehensive range of products and services across four key sectors: police vehicle customization and upgrades, fire vehicle certification and customization, commercial vehicle enhancements, and the provision of high-quality rescue equipment. With a strong reputation for delivering tailored solutions, Empire plays a pivotal role in meeting the specialized needs of law enforcement, fire departments, commercial fleets, and rescue operations. The company’s expansive capabilities provide a solid foundation for future growth, both regionally and nationally, as it continues to serve an ever-evolving market. Known for its commitment to quality, Empire Emergency Apparatus combines years of industry experience with innovative solutions to ensure its clients receive the best in vehicle and equipment customization, while also positioning itself for continued leadership in the sector.
Island Tech Services (“ITS”) (www.itsg.us.com) is a leading provider of innovative IT solutions that enhance mobility and vehicle upfitting, with a focus on empowering law enforcement agencies, first responders, and businesses across various industries. Committed to delivering cutting-edge technology, ITS offers a comprehensive range of solutions, including mobile technology, managed IT services, vehicle enhancements, and robust cybersecurity measures, designed to meet the specific needs of public safety, transportation, utilities, and commercial sectors. With a reputation for excellence and a forward-thinking approach, Island Tech Services is dedicated to helping clients stay ahead in an ever-evolving digital landscape.
AAVIN Partners (“AAVIN”) (www.aavin.com) is a private equity firm focused on deploying capital into established, profitable businesses located in underserved domestic markets within the lower-middle market segment. Specializing in buyouts and recapitalizations of founder- or family-owned companies, AAVIN has a strong track record of success, having completed over 300 investments across a diverse range of industries. Their experienced team works closely with business owners to create value through strategic partnerships, helping to foster growth and long-term sustainability. With a keen focus on identifying opportunities in undercapitalized regions, AAVIN continues to drive success and generate value for its portfolio companies and investors.
Paramax served as the exclusive M&A advisor to Empire Emergency Apparatus, utilizing its deep industry expertise to guide the transaction and deliver a successful outcome.
