APi Inks $3.1B Deal to Buy U.K.-based Fire Safety Firm

Wednesday, July 28, 2021

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Slated to close by the end of the year, the deal will double APi’s employee count and likely put the company on the Fortune 500 list.

A $3.1 billion acquisition is slated to double APi Group’s headcount.

On Tuesday, the New Brighton-based provider of safety and industrial services announced that it has inked a deal to buy the Chubb fire and security business unit from London-based Carrier Global Corp.

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Category: Investors