Cross-Fire & Security Co., a full-service life safety company specializing in the design, engineering, installation, maintenance, monitoring and servicing fire and life safety systems, announced it has acquired Alarm & Suppression Inc. A&S is a provider of fire alarm, fire suppression, fire extinguishers, security and life safety systems, serving customers in northeastern New York and Vermont. A&S owner Tom Murray will remain with the company and maintain a minority stake. Terms of the transaction were not disclosed.
Cross-Fire is a fire and life safety services platform owned by AE Industrial Partners, LP (AEI), a private equity firm specializing in aerospace, defense and government services, space, power and utility services and specialty industrial markets. A&S marks the platform’s first acquisition.
“We see tremendous opportunity for consolidation in this fragmented industry, and we are pleased to add a strong partner like A&S as we build a unique platform with significant scale and national reach,” said Charlie Santos-Buch, partner at AEI. “The life safety services market is experiencing significant demand and we only see that growing over time.”
For over 20 years, A&S has provided sales, installation, service, and inspection of fire alarm, fire suppression, fire extinguishers, security and life safety systems in New York and Vermont. Based in Ballston Lake, N.Y., the company offers individual solutions and integrated systems incorporating project management, system design and layout, installation, programming, testing, certification, customer training, warranty and maintenance, among other services.
“I am excited for all of us at A&S to join the Cross-Fire team,” said A&S owner Tom Murray. “Our new partnership will provide the A&S team with ample opportunities as part of a growing, national organization. With their backing, we will gain additional resources to continue our leadership in the fire and life safety business.”
“A&S is the perfect partner as we build out our suite of products and services,” said Robert V. Rex, senior vice president of growth and strategy at Cross-Fire, and a 20-year Honeywell veteran. “With the addition of A&S, Cross-Fire is well-positioned to secure new customers who are increasingly looking for partners with robust resources and added geographical reach.”