AE Industrial’s Cross-Fire & Security Acquires Alarm & Suppression Inc.
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.