Home Business APi Group acquires SK FireSafety (NYSE:APG)

APi Group acquires SK FireSafety (NYSE:APG)

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APi Group (NYSE:APG) announces the acquisition of SK FireSafety Group and three further deliberate acquisitions in its security companies and specialty companies segments for ~$300M.

The acquired corporations are anticipated to contribute ~$200M of income in 2021 with adjusted EBITDA margins of ~13% in 2021.

The acquisitions is prone to assist development and geographic growth in APG’s security companies and specialty companies segments.

APi Group is funding the transaction for these 4 acquisitions with current money available.

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