Altus Fire and Life Safety, a full-service fire and life safety platform, announced the acquisition of Clinton, Mass.-based Priority Fire and Security, for undisclosed terms.
Priority Fire and Security is a provider of design, installation, monitoring, maintenance and repair services in locations across Massachusetts. Priority President Steve Prior will maintain an active role at the company going forward.
“The addition of Priority Fire brings strategic advantages in both aligning with our focus on Honeywell engineered systems and expanding our service capabilities in the Northeast,” said John Adams, Altus Fire and Security, CEO. “This marks Altus’s second addition in the past month following our acquisition of CIA, and we’re pleased to welcome Steve and the outstanding Priority Fire team as we continue to become one of the leading consolidators in the fire and safety industry.”
Priority Fire and Security has been a founder-owned and operated business serving commercial customers across the Greater Boston region since 2013. As a Honeywell Elite Partner, the company specializes in the sale, installation, testing, monitoring and service of fire detection, protection and mitigation systems, including alarm, sprinkler and pump systems. The company also offers security products including video surveillance, commercial and residential security, and access control.
“We're excited to partner with Altus and AEI, who have the deep industry experience and relationships to help us build greater value in our business going forward,” Prior said. “Priority Fire remains committed to the safety and security of our customers, and we look forward to working with the entire Altus team to continue delivering the products and services they demand.”
Established in May 2021, Altus is a full-service fire and life safety services platform owned by AE Industrial Partners, a private equity firm specializing in aerospace, defense and government services, space, power and utility services, and specialty industrial markets. The platform currently consists of nine brands including Adcock’s Systems, Alarm & Suppression, BK Systems, Croker Fire Drill, Cross-Fire & Security, Fire Systems, Northeast Fire Systems, Crime Intervention Alarm (CIA), and Priority Fire and Security.