AE Industrial Partners, a private equity firm specializing in aerospace, defense and government services, space, power generation and specialty industrial markets, has acquired Cross-Fire & Security Co., a full-service fire and life safety company specializing in the design, engineering, installation, maintenance, monitoring and servicing of life safety systems. Cross-Fire will serve as the entry point for a new fire and life safety services platform for AEI, as the firm looks to make investments in the industry.
AEI has partnered with industry executives to support Cross-Fire's growth and will be strengthening its board of directors with the addition of Kelly Romano as chairman of the board, and Ed Cettina as a board member. Romano, an AEI Operating Partner, has sector experience in fire and security and commercial building industries, including over 30 years in executive roles at United Technologies Corporation (UTC). Cettina most recently was the global chief operating officer of the construction management business of AECOM, and previously worked for 24 years in senior roles at Tishman Construction.