Transaction Overview
- Represented Escape Fire Protection, Inc. (“Escape”), a portfolio company of Orion Financial Corporation and Stewart Capital Partners, on its sale to Hidden Harbor Capital Partners (“Hidden Harbor”).
- Escape is a provider of fire sprinkler systems. Its services include design, installation, inspection, and maintenance.
- Property types include manufacturing, warehousing, healthcare, education, government, multifamily residential, commercial, and data centers.
Drivers of Interest
- Demand for fire protection systems is mandatory and non-discretionary due to building code requirements.
- Revenue visibility comes from the continual need for retrofits, replacements, tenant improvements, service, repairs, inspections, and testing.
- Long-term relationships with general contractors, property managers, building owners, and fire alarm contractors.
- Over 90% of sales come from negotiated contracts or bid processes in which Escape is the preferred bidder.
- Continuity of senior management and a strong bench of future leaders.
- Track record of growth from existing customer gains, new customer wins, add-on acquisitions, and the introduction of new services.
Read Press Release