PMCF Advisors, LLC (“PMCF”) is pleased to announce that it served as the exclusive investment banker to Wm. Crook Fire Protection Co. (“Crook Fire” or the “Company”) in its sale to Viking Fire Protection Group (“Viking”), a subsidiary of APi Group Corporation (NYSE: APG) (“APi”).
Founded in 1963 and headquartered in Detroit, Michigan, Crook Fire is an established leader in fire suppression system design, fabrication, installation, and maintenance/repair services across the Midwest. Crook Fire offers a full suite of services from conceptual design to repairs/upgrades for above & below ground, water-based, and special hazard fire suppression systems.
APi is among the global leaders in the fire protection and sprinklers industry with ~26,000 employees worldwide. APi is a publicly traded company with $6.6B in revenue in 2022. APi’s operations are separated into two divisions: Safety Services, which includes Life Safety and HVAC Services, and Specialty Services, which includes specialty contracting, fabrication, civil, and infrastructure/utility services. APi has consistently been ranked among the top companies on the ENR Specialty Contractors list since 2016. Learn more about APi Group at www.apigroupinc.com.
PMCF served as exclusive investment banker to Crook Fire, managing the entire transaction process. Garrett Crook Jr. commented, “As a long-time Plante Moran client, we hired PMCF to help us find the optimal partner for the Company. Their expertise and thoughtfulness were vital to our process, and I am thankful that PMCF went above and beyond to achieve an outcome which exceeded our expectations.”
The transaction closed in June 2023. Clark Hill served as the legal advisor to Crook Fire.About PMCF
PMCF is a client-centric middle market investment bank providing merger and acquisition advisory services to private, public, and private equity–owned companies worldwide. We combine our expansive industry and transactional expertise with highly engaged, senior-level bankers to create tailored solutions for all our clients. PMCF helps clients meet their sale, acquisition, financing, and strategic growth objectives through a broad range of services, including sale advisory, acquisition advisory, capital raising, transaction planning, and strategic advisory. We have dedicated professionals focused on key industry verticals including business & technology services, manufacturing, distribution, transportation & logistics, plastics & packaging, healthcare, and consumer & retail industries.
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