APi Group Corporation announced the acquisition of CertaSite, a provider of fire and life safety services in the Midwest region.
The acquisition is expected to complement APi's safety services and contribute to its long-term 60% business mix target.
APi expects the acquisition to be accretive to its shareholder value creation framework and drive strong free cash flow conversion.
Accretive Acquisition of CertaSite
CertaSite's inspection-first model aligns with APi's strategy and is expected to enhance long-term profitability.
Revenue Expectations
CertaSite is projected to contribute approximately $90 million in revenue for full-year 2025.
Business Mix Target
The acquisition moves APi closer to its goal of having 60% of revenues from inspection, service, and monitoring.
- The acquisition is anticipated to strengthen APi's position as a premier safety services provider.
- APi's 2025 revenue and adjusted EBITDA are expected to meet or exceed the guidance range, reflecting positive growth prospects.
APi Group's acquisition of CertaSite promises to enhance its market position and drive profitability in the coming years.