Holland & Knight Advises Building Industry Partners in Sale of Endeavor Fire Protection to APi Group Corporation

TYSONS, Va. (November 26, 2024) – Holland & Knight advised Building Industry Partners (BIP), the leading middle market private equity firm focused on the U.S. building industry, in connection with its sale of Endeavor Fire Protection to APi Group Corporation (NYSE: APG). The transaction was announced on November 20.

Over the past 15 years, Boston-based BIP has co-founded or been first equity sponsor of a number of the fastest growing and most dynamic businesses in the U.S. building industry’s middle market. In 2022, BIP launched the Endeavor Fire Protection platform with the acquisitions of Valley Fire Protection and Allegiant Fire Protection. A provider of fire protection and life safety installation, maintenance and repair, and inspection services, Endeavor Fire Protection significantly grew its geographic footprint throughout the course of BIP’s two-year ownership.

With more than 500 locations worldwide, APi is a market-leading publicly traded provider of business services, including safety and specialty services.

Holland & Knight Partners Adam August and Ashley Plemons led the firm’s representation of BIP, along with Associates Francesco Salpietro, Fay Shaulson and Claire Lydiard. They were assisted by Partners Gary Schoenbrun, Kara Ariail and Eric Rubin and Associate Patrick Burri.

More information on the transaction can be found here.

Recently recognized as the Private Equity Law Firm of the Year by the Global M&A Network, Holland & Knight regularly ranks among the leading M&A and private equity law firms in reputable, benchmarking league tables published by Bloomberg, LSEG, Mergermarket, PitchBook and The Deal. Through the HK Deal Flow℠ program, Holland & Knight facilitates deal leads for clients and prospective clients by matching acquisition or capital raising opportunities with buyers and investors.