Mergers & Acquisitions

Pye-Barker Fire & Safety Receives Minority Investments from ADIA and GIC

6555 Pye-Barker NT

M&A Engagement Overview

Industry Group: Business Services
Areas of Focus: Commercial and Industrial Services, Fire and Security, Route-Based Services


Harris Williams advised Pye-Barker Fire & Safety (Pye-Barker), a portfolio company of Altas Partners (Altas) and Leonard Green & Partners, L.P. (LGP), on its minority investments from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and GIC.

The fire and life safety industry draws investor interest given its immense size, historical and go-forward growth expectations, and the non-discretionary nature of its services. Pye-Barker was especially attractive to investors given its consistent growth and strong leadership team. The support of ADIA and GIC, in combination with their existing partnership with Altas and LGP, will allow the company to continue to take advantage of growth opportunities while also maintaining its excellent level of client service.

As part of the transaction, LGP invested significant new capital into the company while Altas retained the majority of its ownership interest. Pye-Barker is one of the largest fully integrated and full-service fire protection, life safety, and security alarm services providers in the United States.

Pye-Barker, headquartered in Atlanta, offers inspection, testing, maintenance, repair, and installation of fire detection systems, fire alarms, fire extinguishers, fire suppression and sprinkler systems, and security alarm monitoring services for businesses nationwide. The hard work, innovation, and entrepreneurial spirit of Pye-Barker's people have led to the company’s success and growth.

Altas and LGP have been instrumental in the company becoming the world-class organization that it is today, and their support has contributed to Pye-Barker delivering exceptional results and value to its stakeholders. ADIA and GIC’s investments speak to the continued strength of the company and reinforce the many growth opportunities that lie ahead.

Contact the Harris Williams Business Services Group to learn more about this client engagement.