This addition marks an important step in bringing fire sprinkler service to Pye-Barker’s security and alarm presence in Connecticut, enhancing service offerings for customers throughout the area.
The transaction is expected to be accretive to MSA Safety’s adjusted earnings per share in the first full year of ownership and was financed using cash on hand and borrowings under MSA’s existing credit facility.
The acquisition strengthens Minuteman’s presence throughout the Southeast while expanding its ability to deliver integrated security, life safety, structured cabling and enterprise technology solutions to customers nationwide.
The acquisition significantly expands Allied Universal’s electronic monitoring capabilities in North America by integrating Sentinel with the company’s existing electronic monitoring business.
The acquisition supports RapidFire’s ongoing strategy of partnering with established, customer-focused providers in key markets to expand its capabilities and deliver a high-quality, consistent customer experience across its growing footprint.