Endeavor Fire Protection Expands to Midwest With Purchase of Allegiant Fire Protection
Allegiant designs and installs fire alarm systems and offers around the clock monitoring, testing and inspection for fire suppression systems.
BOSTON — Endeavor Fire Protection, a platform company of the investment firm Building Industry Partners, announces it has acquired Allegiant Fire Protection.
Endeavor is described as a market-leading contractor for a wide array of fire protection and safety needs. Terms of the transaction were not disclosed.
Founded in 2018, Allegiant Fire Protection serves the Illinois, Wisconsin and Indiana markets as both a sub- and prime contractor. Allegiant designs and installs fire alarm systems and offers around the clock monitoring, testing and inspection for fire suppression systems.
The company is said to have a diverse customer base including, but not limited to, hospitals, senior living facilities, data centers, municipalities, manufacturing, commercial and industrial clients.
“We are extremely happy to announce the closing of Allegiant Fire Protection, extending our family of companies in the Greater Chicagoland area,” says Robert Lane, VP at BIP and Director of Endeavor Fire Protection. “We believe that Allegiant is a premier fire protection contractor, providing extraordinary outcomes for its customers across a diverse set of markets. Allegiant brings an established reputation for innovation and excellence, and we believe that they will greatly improve our customer offering throughout Illinois and the Midwest.”
Mike Carli, President of Allegiant, adds, “We are delighted to be partnering with Building Industry Partners and Endeavor Fire Protection as we continue our mission to be the best fire protection service provider in the Midwest. After getting to know Robert and the Building Industry Partners team over the last year I could see they share the same core values and passion for the Allegiant Family and the future of our employees’ careers, which has always been my top priority. The Allegiant team has proven over the past four and a half years our ability for tremendous growth and success. I’m excited for our future together with BIP and the certain continued growth we will surely have.”
Endeavor Fire Protection says it is actively seeking to invest in fire and life-safety companies across the U.S. and will continue to elevate the employee value proposition at all organizations that join its team.
Much Shelist acted as M&A legal counsel and Holland & Knight LLP acted as corporate and financing legal counsel to BIP. Fifth Third Bank and Siguler Guff & Company provided debt financing to support the acquisition.
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