APi Group completes Evergreen Fire and Security acquisition
APi Group closed its acquisition of Evergreen Fire and Security, an electronic security and fire life safety systems integrator based in Tacoma, Washington.
Evergreen is expected to add about $55 million in annual revenue, strengthening APi’s North American Safety business.
The deal expands APi’s electronic security offering, with services spanning access control, video surveillance, intrusion detection, fire alarms, and detection.
Management expects the acquisition to be accretive to APi’s “10/16/60+” shareholder value creation framework.
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