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Trends & Industry IssuesSDM Newswire

Pye-Barker Fire & Safety Receives Private Capital for Technician Workforce Investment

By SDM Editors
Pye-Barker logo.jpg
January 10, 2025

Pye-Barker Fire & Safety announced it has raised additional capital for increasing its technician workforce investment, enhancing its service to customers and enabling more smart growth through acquisition.

The transaction was completed in January 2025. Pye-Barker’s two lead investors, Altas Partners and Leonard Green & Partners, remain unchanged. Altas retained the majority of its interest in the company, while LGP invested new equity and retained a meaningful portion of its existing interest, signaling their shared commitment to Pye-Barker and belief in the company’s long-term growth prospects. A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and GIC, a global institutional investor, completed the acquisition of minority stakes.

According to the announcement, the continuity of the lead investors reflects their confidence in the company’s existing direction and leadership and provides consistency to Pye-Barker’s strategy of prioritizing customer service, team member care, and growth.

Pye-Barker said it puts significant focus on growing the knowledge and careers of its nearly 8,000 team members, promoting and hiring from within, and opening new career paths to field teams and technicians. With increased capital, Pye-Barker plans to further invest in workforce infrastructure with new talent development programs, mentoring, and career acceleration resources.

The company, which currently operates more than 250 branches across 45 states, also plans to continue its acquisitive growth and enhance its integrated, full-service customer offerings.

“In my three decades at Pye-Barker, my vision has always been to create the best fire protection and life safety company in the world,” said Bart Proctor, CEO, Pye-Barker. “We are tremendously blessed to have the support of investors who also value our role as the leader with the most complete solution to protect customers’ lives and livelihoods. They have enabled us to prioritize the care and growth of the hardworking and entrepreneurial technician base that I am so proud to work alongside.”

Rebecca True, chief human resources officer, Pye-Barker, said, “Pye-Barker is nothing without our people. While we grow our service offerings and locations to better support our customers, we remain focused on designing a workplace that’s among the best in terms of team camaraderie and gives everyone the chance to define their legacy and build the career of their choosing.”

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KEYWORDS: Pye-Barker

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