fire safety & life security
fire safety & Life security
M&A transaction activity
- This year’s NFPA conference & expo was very well attended by exhibitors and attendees, as well as first-timers and long-timers. The crowds were dense at exhibitor booths, education sessions, and workshops as participants eagerly gathered for the latest endeavors across the fire, electrical, and life safety sectors.
- New, high-efficiency products, advanced software & technologies, and innovative technical processes were all on display. What’s not to like about the Fire Safety & Life Security (“FSLS”) services landscape? Its mission-critical nature, heightened scrutiny of fire & life hazards, and ever-stringent regulations, codes & standards are just some dynamics that have attracted significant capital inflows in FSLS companies.
- The FSLS ecosystem is still in growth mode despite a 26% year-over-year decrease in M&A transaction activity. Deal volumes have contracted after hitting all-time highs over the last two years, but remain on pace with pre-pandemic M&A activity. We anticipate continued consolidation and accelerating transaction activity supported by favorable valuation tailwinds and competitive dynamics with financial and strategic buyers alike.
- HCA looks forward to the 2024 NFPA Conference & Expo in Orlando … until then, some interesting U.S. and Canada data points are available for your download.