Banker Insights: Fire Safety & Life Security

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.

For more information or questions, please contact our Industrial Services team:

Andrew Suen, Managing Director: [email protected]

Brennan Anderson, Vice President: [email protected]