Huron Capital Launches Fire Detection Services Platform

Private equity firm taps ex-Siemens executive Terry Heath to Sciens Building Solutions.

DETROIT- Private equity firm Huron Capital Partners, based here, has formed a partnership with industry executive Terry Heath to build a platform company in the fire detection services industry. Through a holding company, Sciens Building Solutions, Huron Capital said it would capitalize on the increasing focus on fire safety for commercial and institutional buildings. 

RELATED: Deaf Woman Has False Alarms Fines Voided

“We are excited to partner with Terry to build a national platform focused on exceptional customer service and specialized capabilities within fire detection,” says Jim Mahoney, a partner at Huron Capital. “We believe demographic and regulatory trends will drive growth in the fire detection space, and Terry is an experienced executive in this market who will provide strong leadership to the platform.”

Heath served as a long-time executive at Siemens Corp., most recently serving as senior vice president of Corporate Technology USA. His Siemens experience included 18 years in the Building Technologies division, where he focused on building fire and security detection systems.

RELATED: Unpaid False Alarm Fines Result in Delayed Police Dispatch

“Huron Capital is a great fit for this opportunity and I’m looking forward to the mutually beneficial partnership as we look to establish a strong presence in this industry together,” Heath says.  “Through the ExecFactor program, Huron Capital can provide the necessary financial, strategic and operational resources to support my goal to build and lead a world-class fire detection services business.”

If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.

A FREE subscription to the top resource for security and integration industry will prove to be invaluable.

Subscribe Today!

Get Our Newsletters