Diversified Industrials
Winter 2025
Fire & Life Safety Services M&A Market Update
The fire and life safety (“F&LS”) sector has remained a very active market for M&A with an average of 38 transactions announced per quarter since 2020. The still relatively fragmented market and regional nature has created a meaningful consolidation opportunity for both strategic and private equity investors. M&A activity has predominantly been anchored by PE-backed strategics that are pursuing aggressive buy-and-build strategies to acquire leading brands that increase their geographic coverage and/or add incremental service capabilities.
Trends Driving M&A for Fire & Life Safety Services
Report Summary
The fire and life safety (“F&LS”) sector has remained a very active market for M&A with an average of 38 transactions announced per quarter since 2020. The still relatively fragmented market and regional nature has created a meaningful consolidation opportunity for both strategic and private equity investors. M&A activity has predominantly been anchored by PE-backed strategics that are pursuing aggressive buy-and-build strategies to acquire leading brands that increase their geographic coverage and/or add incremental service capabilities.
Fire & Life Safety Services M&A TRENDS
Key Highlights
- Key Industry Trends
- Value Drivers and Active Investor Universe
- Meridian Firm Overview
